Using the reading “Union Station, Washington, D.C. United States” as your main guide, describe the partners/partnerships, financial agreement, contract provisions, and implementation metrics of the original Union Stations PPP
Using the reading “Union Station, Washington, D.C. United States” as your main guide, describe the partners/partnerships, financial agreement, contract provisions, and implementation metrics of the original Union Stations PPP
Public-Private Partnerships
Question 1 (10 points total):
In Week 6, you read two readings about the Union Station project in Washington, D.C. The first reading, “Union Station, Washington, D.C. United States,” outlines the success of the Union Station project as a PPP. The second reading (Meyer, 2015), is a NY Times article about a new development project at Union Station. Answer the following questions based on readings from the class and these two readings on Union Station. You should NOT conduct additional research about Union Station beyond these readings. Properly cite your work APA style. Type your response below each question. The best answers will be 2-3 single spaced paragraphs per question in Times New Roman, 12-point font. Please note we are looking for responses in your own words (properly cited) and NOT a collection of direct quotes from the readings.
Question 1, Part A (5 points):
Using the reading “Union Station, Washington, D.C. United States” as your main guide, describe the partners/partnerships, financial agreement, contract provisions, and implementation metrics of the original Union Stations PPP. Using this reading and other readings from the course, explain how this project does or does not include best practices in risk sharing, contracting, and PPP structures as studied in this course. The best answers will be 2-3 single spaced paragraphs per question in Times New Roman, 12-point font.
