Multimodal Infrastructure Investment Decision Making: An Institutional and Funding Perspective

This paper presents a case analysis of multimodalism in transportation investment decision making as it relates to other policy decisions, including infrastructure ownership structures, geographic scales, and revenue sources. This allows a more complete understanding of multimodalism’s benefits, drawbacks, and opportunities. Private infrastructure developers are more likely to evaluate and select investments in a multimodal fashion than either the public sector or public-private partnerships. Decentralized, municipal decision making tends to reduce barriers to multimodalism, although with reduced capacity for large-scale project implementation. Experience suggests that the source of transportation revenues is a less important influence on multimodalism than the organizations collecting them.