Table of Contents

1 The American Infrastructure Heritage: A Depreciating Gift.- 2 Three Tools for Managing an Infrastructure Portfolio of Capital Projects and Services.- 3 Two Hundred Years of American Public Private “Partnerships”.- 4 The Fundamental Elements of a Stable Public/Private Infrastructure Strategy.- 5 A Path through the Current Confusion: Re-Establishing an Open Framework for Project Delivery and Finance.- 6 Toward a Portfolio Based Procurement Strategy for Multiple Projects.- 7 America’s Emerging Public/Private Infrastructure Strategy.- Appendix A. Non-Cash Assets Offered by Governments to Promote Private Capital Investment.- Appendix A Summary.- The Lengthy History of Combined Delivery Methods and Indirect Finance Methods in the United States.- The Period from 1780 to 1933.- Incentives to Quick Settlement.- Incentives for New Technology.- Creating or Stabilizing Private Sector Markets.- Reducing the Cost of Projects.- Access to Income Streams That Could Be Capitalized.- Bartering Arrangements.- Pure Project Finance in the Private Sector.- Notes.- Appendix B. Historical Limits on Government’s Role in Infrastructure.- Limited Cash To Fund Track 1 Projects.- The Federal Government’s Relatively Small “Cash” Contribution to Infrastructure Development — 1780 to 1860.- Federal Repudiation of a Direct Cash Role for Infrastructure — 1830.- Constitutional Limits on Federal Investment in Particular Projects.- Government Investment in Infrastructure through Stock Companies.- The Chesapeake & Ohio Canal. Quadrant II..- The Louisville/Portland Canal Company. Quadrant II..- The Dismal Swamp Canal. Quadrant II..- State Repudiation of Stock Investments in Infrastructure Companies — 1840 to 1860.- Water Supply — An Expanding Definition of Infrastructure — 1900 to1933.- Federal Highway Aid, the Growth of Segmented Procurement, and the Evolution of Congressional Programs — 1916 to 1933..- Extraordinary Projects in Track 1 — The Chicago Sanitary and Ship Canal, From Chicago to Lockport, Illinois. Quadrant I.- Notes.- Appendix C. Super-Fund: Super-Mistake.- Enactment.- The Superfund Legislation.- The Statutory Procurement Scheme.- The Procurement Strategy Underlying CERCLA in Quadrant III.- Implementation of the Statute.- One Site at a Time, Locally.- The Industri-Plex Superfund Site in Woburn.- The Conservation Chemical Company Superfund Site.- Transaction Costs on Other Sites.- One National Company’s Experience As A PRP On Numerous Large, Multi-Party, Complex Sites.- Results.- Perverse New Paradigms for PRPs.- Paralysis In Local EPA Decision-Making.- No Effective Incentives For Cost Efficiency.- Transaction Costs Create Orphans and Increased Liability For Solvent PRPs.- Complex, Multi-Party Litigation Is Simply A Better Alternative.- Notes.- Appendix D. The Dual Track Strategy in Operation.- Congressional Enactments From 1775 to 1860.- Quadrant I.- Quadrant II.- Quadrant IV.- Congressional Enactments From 1860 to 1933.- Quadrant I.- Quadrant II.- Quadrant IV.- Appendix E The 2000 ABA Model Procurement Code.- Excerpts.

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`Miller's insight into some of the newer infrastructure experiences will be of broad interest to many in the construction industry. The content of the endnotes and the appendices are so comprehensive that one is hard-pressed to imagine any other resource that contains this type of information in an organized, convenient formatPart of what makes Miller's case so persuasive is the presentation of the material. The book's organizational style is as unique as its content.'
Mike Loulakis, Design Build Magazine