September 2, 2014|ENO CENTER FOR TRANSPORTATION
FOR IMMEDIATE RELEASE
September 2, 2014 (Washington, D.C.) – The Eno Center for Transportation is pleased to announce that it recently received a two-year $150,000 grant from the Surdna Foundation in support of Eno’s Public-Private Partnership (P3) Working Group. These monies will fund the final phase of this initiative, which began with an initial Surdna grant two years ago.
Led by former U.S. Transportation Secretaries Norman Y. Mineta and Mary E. Peters, Eno’s P3 Working Group has brought together political leaders, investment professionals, stakeholders and researchers to oversee Eno staff research. The group released its report Partnership Financing: Improving Transportation Infrastructure Through Public Private Partnerships earlier this year. The Surdna grant will go toward a two-year program to disseminate the findings and assist in training public and private sector employees who wish to work together on P3 projects.
Eno will begin accepting applications from states for the P3 training course this fall. Other immediate objectives at the federal level will include briefing the United States Department of Transportation and Congress on our findings, and becoming part of the discussion on the President’s infrastructure initiative.
“This grant will enable Eno to continue the momentum gathered in the research phase as we begin disseminating our recommendations to the leaders who can actually implement them,” Eno President and CEO Joshua Schank said.
Lillian Borrone, Eno Board of Directors Chairman, added, “Eno has become a national leader on Public-Private Partnerships through this project, and we are looking forward to sharing our expertise with states and regions who might benefit from our efforts.”
“As federal funding sources for transportation infrastructure diminish and private funding increases, we believe it is critical that investment decisions adhere to performance-based criteria that maximize public benefits,” Helen Chin, Program Officer at the Surdna Foundation, said. “The Eno Center for Transportation’s work will establish a framework to help ensure that public-private partnerships are implemented in the public’s best interest.”
To download Eno’s P3 report, click here.
The Eno Center for Transportation is a neutral, nonpartisan 501(c)(3) not-for-profit organization. Contributions support our independent research and policy work. Contributions can also be directed to support training and workforce development efforts. For more information, visit www.enotrans.org.
The Surdna Foundation seeks to foster sustainable communities in the United States – communities guided by the principles of social justice and distinguished by healthy environments, strong local economies, and thriving cultures. For more information, visit www.surdna.org.
Publication Date:September 2, 2014