Value Capture for Funding Mass Transit Infrastructure: The case of BRT in Bogota, Colombia,Used

Value Capture for Funding Mass Transit Infrastructure: The case of BRT in Bogota, Colombia,Used

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Mass transit projects are developing everywhere, and specifically Bus Rapid Transit (BRT) systems are taking place in many countries. Funding such projects is a big issue for public entities. Value capture is an option. It is the process by which a portion or all increments in land value attributed to community efforts are recouped by the public sector. A research of several value capture mechanisms for funding transit projects is carried out throughout this report. More than 20 tools are described. These instruments can be divided in three groups: i) value capture from the developers, ii) value capture from the community and iii) value capture from within. Using the case of Colombian first BRT project (held in Bogota) I suggest value capture instruments and mechanisms to be implemented in the city as a way to help funding the infrastructure of the system. Lessons can be learned to find new sources of funding mass transit projects around the globe.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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