Maximizing the Value of Infrastructure
For many years now, the conversation about infrastructure has frequently turned into a debate that really is about other issues: What should be privatized? Should we use design-build and/or build-operate? Will public employees be displaced? Can the future value of the asset be diverted to other needs?
A sensible approach to asset management would reject both the older models that look at infrastructure as a way to maintain a public workforce and newer models that look to quickly capitalize previous investments. Officials must find ways to unlock the value of infrastructure by improving efficiency and leveraging revenue streams while providing needed services. They must undertake rigorous fiscal analysis designed to maximize the value of their investments–past and future.
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