• DOI:10.1080/09540962.2010.509179
Corpus ID: 154396924

Private concession contracts for toll roads in Spain: analysis and recommendations

@article{Baeza2010PrivateCC,
  title={Private concession contracts for toll roads in Spain: analysis and recommendations},
  author={Mar{\~A}­a de los {\'A}ngeles Baeza and J. Vassallo},
  journal={Public Money & Management},
  year={2010},
  volume={30},
  pages={299 - 304}
}

María de los Ángeles Baeza, J. Vassallo

Published 2010

Economics

Public Money & Management

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Spain has a long history of using the private sector to help build and operate public infrastructure, particularly roads. This article presents new data about toll motorways. The authors found that contracts in Spain are characterized by significant traffic overestimations and frequent renegotiations, which can lead to toll modifications or longer contracts. They suggest reasons for this and some solutions—both of which have significance for other countries.