BUSINESS MODELS FOR ENHANCING FUNDING AND ENABLING FINANCING OF INFRASTRUCTURE IN TRANSPORT
Acronym
BENEFIT
Description of the granted funding
BENEFIT takes an innovative approach by analysing funding schemes within an inter-related system. Funding schemes are successful (or not) depending on the Business Model that generates them. The performance of the Business Model is affected by the implementation context and the transport mode. It is matched successfully (or not) by a financing scheme. Relations between actors are described by a governance model (contracting arrangements). These are key elements in Transport Infrastructure Provision, Operation and Maintenance. Success is a measure of the appropriate matching of elements. Within BENEFIT funding and financing schemes are analysed in this respect. Describing these key elements through their characteristics and attributes and clustering each of them is the basis of, first, developing a generic framework. This allows for the transferability of findings with respect to “lessons learned”, “limitations” and “the impact of the financial and economic crisis”. Identifying best matches in their inter-relations and where to intervene, leads to move from a generic framework to a powerful decision policy tool, which can assess funding schemes for investments in modern infrastructure with smart pricing and funding in view of 2050 challenges and needs.
The BENEFIT partnership takes stock of over twenty years of EC funded, national and international research. It receives direct input (evidence study cases) from the OMEGA Centre and COST Action TU1001. It is set-up to share and exchange knowledge and debate. Its high level international advisory group and its consultation group demonstrate its ability to reach out to all stakeholders to share its innovative approach. Namely:
1)Transport infrastructure business models and their project rating by which further value propositions may be included to lead to funding schemes with enhanced creditworthiness enabling viable financing
2)Transferability
3)Open-access case study database serving both practitioners and researchers
Show moreStarting year
2014
End year
2016
Granted funding
UNIVERSITY COLLEGE LONDON (UK)
171 690 €
Participant
CENTRE D ETUDES ET D EXPERTISE SUR LES RISQUES L ENVIRONNEMENT LA MOBILITE ET L AMENAGEMENT (FR)
86 397.5 €
Participant
FACULTY OF CIVIL ENGINEERING (RS)
39 065 €
Participant
KARLSRUHER INSTITUT FUER TECHNOLOGIE (DE)
103 762.5 €
Participant
TRT TRASPORTI E TERRITORIO SRL (IT)
139 999 €
Participant
TRT TRASPORTI E TERRITORIO SRL (IT)
139 999.45 €
Participant
INSTYTUT BADAWCZY DROG I MOSTOW (PL)
57 912.5 €
Participant
TIS PT, CONSULTORES EM TRANSPORTES, INOVACAO E SISTEMAS, SA (PT)
86 250 €
Participant
PANEPISTIMIO AIGAIOU (EL)
213 893.75 €
Coordinator
UNIVERSITY OF CENTRAL LANCASHIRE (UK)
130 562.5 €
Participant
UNIVERSITEIT TWENTE (NL)
135 691.25 €
Participant
UNIVERSITEIT ANTWERPEN (BE)
213 923.75 €
Participant
UNIVERSIDAD DE LAS PALMAS DE GRAN CANARIA (ES)
89 438.05 €
Participant
INSTITUTO SUPERIOR TECNICO (PT)
102 812.5 €
Participant
Amount granted
1 671 461 €
Funder
European Union
Funding instrument
Coordination and support action
Framework programme
Horizon 2020 Framework Programme
Call
Programme part
SOCIETAL CHALLENGES - Smart, Green And Integrated Transport (5374Topic
Analysis of funding schemes for transport infrastructure (MG-9.3-2014Call ID
H2020-MG-2014_SingleStage_A Other information
Funding decision number
635973
Identified topics
economics, commerce and industry