Symposium on Private Money for Public Infrastructure
Forrest Claypool to receive Schulz Award for Outstanding Public ServiceJanuary 24, 2013 | by Megan Fellman
EVANSTON, Ill. --- Transportation leaders and policymakers from across the country, including former House Speaker J. Dennis Hastert, will come together Monday, Jan. 28, at a Northwestern University symposium to discuss the challenges and opportunities of public-private partnerships for financing transportation infrastructure.
Among the highlights, former Illinois Congressman William O. Lipinski will present Forrest Claypool, president of the Chicago Transit Authority, with the David F. Schulz Award for Outstanding Public Service in Transportation and Infrastructure Policy.
The sixth William O. Lipinski Symposium on Transportation Policy and Strategy, sponsored by the Northwestern University Transportation Center, is titled “Private Money for Public Infrastructure: Promises, Pitfalls, and the Path Forward.” It will be held from 8:15 a.m. to 5:30 p.m. at the James L. Allen Center, 2169 Campus Drive, Evanston campus.
The Hon. Jerry F. Costello, former U.S. representative for Illinois’ 12th congressional district, will deliver the keynote address from 8:30 to 9 a.m.
“Attracting private money and profit-driven incentives to public infrastructure projects is an attractive path for bringing transportation facilities to a state of good repair,” said Joseph Schofer, who will moderate a number of the symposium’s panels. “This conference will introduce us to the concept, showcase specific applications and provide an opportunity to explore some of the benefits and risks these partnerships bring.”
Schofer is a professor of civil and environmental engineering at the McCormick School of Engineering and Applied Science and director of Northwestern’s Infrastructure Technology Institute.
Symposium panelists will discuss the benefits and risks of public-private partnerships for financing transportation infrastructure in Chicago, Illinois and the nation; describe examples of successful partnerships; and suggest conditions, actions and policies for maximizing the value of these partnerships to ensure effective and efficient transportation systems.
Claypool is being recognized for his decisive leadership of the Chicago Transit Authority, which has led to an aggressive program to bring CTA infrastructure to a state of good repair. He will receive his award at 12:30 p.m. and deliver remarks during lunch.
The David F. Schulz Award for Outstanding Public Service in Transportation and Infrastructure Policy is named for the late Dave Schulz, founding director of the Infrastructure Technology Institute.