FAQ's

What does PTP stand for?

ANSWER: PTP stands for Pate Taraborelli Partners, LP.

How long has PTP been in business?

ANSWER: PTP was established in 2005 to meet the transportation needs of the state of Texas. We have become the #1 Roadway Developer of the state by delivering projects on time and within budget. PTP’s experience utilizes resources to create a sophisticated infrastructure of tools, technology, and communication to deliver successful programs.

Who are the partners of the company?

ANSWER: The founder and managing partner is Gerry E. Pate, P.E. Mr. Pate established Pate Engineers, Inc. (PATE), a full service civil engineering consulting firm in 1970 and currently serves as Chairman of the Board. Mr. Pate and Ms. Jennie Taraborelli teamed together to meet the transportation needs of Texas. Ms. Jennie Taraborelli was appointed partner in 2005 and has managed the strategic initiatives for PTP since its inception. Her expertise in alternative delivery of transportation projects combined with Mr. Pate’s expertise brings a winning team in the creation of public-private partnerships to clients. Ms. Jennie Taraborelli has extensive experience in offering political advise and strategy for officeholders, candidates and business clients for over fifteen years.

Is PTP limited to providing only transportation solutions?

ANSWER: PTP concentrates on delivering both technical and financial solutions to programs in industries in which need a full cycle of deliverables. Each program is customized to deliver program management, construction and finance to deliver solutions where others see problems. Our mix of experience and know-how gives us the expertise necessary to understand the roles finance, politics and technical resources play in the successful creation of public-private partnerships.

Why transportation programs?

ANSWER: Every state has its obstacles in meeting the demands of a growing population. Texas is no different, we (PTP) provide an opportunity for governments to reduce and manage congestion, enhance mobility throughout the state, improve safety along our roadways, keep projects moving forward by supplementing TxDOT and capital funding, and support economic development. PTP coordinates and manages all aspects of services needed to ensure successful delivery of transportation projects are met.

What is Pass-Through Tolling?

ANSWER: Historically, transportation projects in the state of Texas have been funded through a combination of local and state funds. Local governments have contributed their money to cover a percentage of the right-of-way or design costs, while the State provided the remaining funds. Because of reluctance through the last decade to raise the gas tax, the historical source of transportation dollars in Texas, state funding for transportation projects has not kept pace with demand.

Today, the Texas Department of Transportation estimates that there is only enough funding to cover the maintenance of the state’s existing roadway network.

In an attempt to provide a remedy to this funding crisis, the Texas Legislature authorized a new way to fund and accelerate the development of critically needed roadway projects. The State now has the ability to partner with local governments to fund locally prioritized projects through the use of Pass-Through Financing. This finance mechanism allows a local government to fund and construct a project today, such as the Hidalgo Loop, and be repaid by the State over time as motorists travel the new or improved roadway. While the local government provides the initial financing, ultimately a portion of the project cost is “passed through” to the State. Once the project is constructed and operational, the State repays the local government on the basis of a per vehicle fee determined by the actual traffic using the road.

Why do we need more toll roads?

ANSWER: To meet the transportation needs of Texas. The Texas Legislature and regional transportation officials have made a policy decision to rely on toll roads as a way to advance much needed mobility projects. They set the policy, and PTP implements a program. The transportation needs of Texas continues to grow as more and more people move to Texas. As long as drivers need additional mobility choices and the nation, state and region need help funding them, toll roads will remain an option.