This training program provides a comprehensive overview of funding, financing and procurement in public transport, highlighting how these three dimensions must be aligned to deliver economically viable and operationally effective transport systems.

Participants will explore the economic rationale for investing in public transport, the main funding levers available at city and regional level, and the financial mechanisms used to mobilize capital for infrastructure and rolling stock projects.

The program places particular emphasis on procurement strategies and delivery models, including conventional public procurement and Public-Private Partnerships (PPPs).

It examines how procurement decisions influence project feasibility, financial sustainability and lifecycle costs, and how risks can be appropriately shared between public and private partners.

Through practical examples, participants will learn how to structure projects, select suitable business models, and manage procurement processes – from project preparation and tendering to negotiation and contract monitoring.

Drawing on international best practices and case studies, including leading examples such as London, the program combines economic analysis, financial structuring and procurement considerations to support informed decision-making.

Interactive sessions and workshops will enable participants to apply concepts to real-world situations, strengthening their capacity to design funding strategies, access finance and procure public transport projects that deliver long-term value for cities and regions.

What You Will Learn

  • Understand why it is important to invest in a good public transport system for the benefit of the city and region, using best practices
  • Introduce key concepts and principles of funding a good public transport system and their potential contradictions
  • Discover different ways of building a funding strategy at the city level
  • Learn about the different funding levers and financial mechanisms available to authorities and operators
  • Gain a hold on what PPPs are and what the key ingredients are for their success
  • Learn from international best practice on the application of such tools
  • Apply the concepts and tools through didactic and dynamic workshops

Who is it for?

  • Economists, financial experts, policy makers and project managers from public transport operators and authorities seeking to learn more about infrastructure investment and cost-effective approaches to operations
  • Companies and cities looking to introduce and apply new concepts such as Public Private Partnerships (PPP)
  • Third parties involved in the investment of capital projects and development of public transport systems (national and international banks, development agencies, private stakeholders, etc.)
  • Professionals interested in obtaining a wider and international perspective on funding options and financial mechanisms and eager to learn more from international best practice

The course welcomes junior and senior participants worldwide.

Programme

Matt Kirson, Head of North America UITP

Julian WARE, Honorary Chair UITP PRESCOM & TEFC
Ismael URUÉN-PUEYO, Honorary Chair UITP TEFC

Session 1

Julian WARE, International transport funding and finance expert, United Kingdom

Coffee break

11:00 – 11:30
Session 2

Ismael URUÉN-PUEYO, Economist. Former Economic and Financial Services Director, TMB, Spain

  • Coverage rates
  • Fare regulation and adjustment, fare fraud
    • Fares Structures
    • Role of regulation and Fare adjustment mechanisms
    • Fare fraud
  • Can we use revenue management in public transport?
    • Why using pricing
    • Optimising revenues
    • Reducing congestion
    • Over-crowding

Lunch

12:30 – 13:30
Session 3

Rachel HUGHES, Director Surbon Consulting UK & UAE

  • Non fare revenue – Secondary Income Sources to fund public transport
    • Role of advertisement and strategy
    • Different tools in place
Session 4

Julian WARE, International transport funding and finance expert, United Kingdom

  • What is Earmarking?
  • Private car users
    • Tax fuels
  • Employers and businesses
    • Including businesses in the mix
    • Different tools
  • Property owners, land developers
    • Policies in place
    • Different tools

Coffee break

15:00 – 15:30

Julian WARE, International transport funding and finance expert, United Kingdom

  • Understanding TfL’s funding mix: passenger revenue, grants and other income sources.
  • Allocating funding between daily operations, asset renewal and network improvements.
  • Planning long-term investment in fleet replacement and infrastructure upgrades, including rolling stock and stations.
  • Drawing lessons for the bus sector: balancing service delivery with fleet renewal and infrastructure investment.

End of Day 1

16:00 – 16:00

*UITP reserves the right to make amendments to the program or any related activity at its discretion.

A Top Level Methodology

  • Get inspired by our trainers, understand the main concepts and learn from successful best practice
  • Participate in interactive plenary sessions with introductions by course leaders, presentations by trainers and open discussions with participants
  • Challenge your thinking and practical knowledge on the use of different funding and financing tools 
  • Address the topic from an international perspective, enriched by different cultural approaches and points of views
  • Participate to practical exercises and case studies
  • Benefit from a unique exchange of knowledge and experience between professionals

UITP Training Programs and all related processes are certified for ISO 21001: 2018 – the standard for Educational organizations – Management systems for educational organizations.

Eurocert EQC International Logo
EQC Germany Logo
ISO Logo

Pricing

Early bird – Until 5 October
Standard – After 5 October
Groups
4 or more persons

Registration Fees

USD 1,450

USD 1,850

USD 1,250

Trainers

Rachel HUGHES

Director
Surbon Consulting, UK and UAE
United Kingdom

Julian WARE

Head of Corporate Finance
TfL
United Kingdom

Ismael URUÉN-PUEYO

Economist. Former Economic and Financial Services Director in TMB
Spain

Contact Us

Have a question? Contact our team if you need any additional information on this event.

Crestone WITSELL

Assistant Manager – North America Regional Office
UITP
UITP Team