Companies of Every Type and Size Can Participate In Upcoming Public-Private Partnership Engagements
Public-private partnership (P3) engagements are continually becoming more common and that is because of two basic reasons. First, significant amounts of funding are required – but rarely available – for large and complex projects that carry multi-million-dollar...
Court Strikes Down PennDOT’s P3 Bridge Plan
Pennsylvania's Commonwealth Court ruled last week that the Pennsylvania Department of Transportation's plan to toll nine interstate bridges in Pennsylvania violates state law. PennDOT's announcement that I-79 will be tolled was met with opposition as South Fayette...
Diving Into Colorado’s New P3 Law
Following the passage of Colorado's expanded public-private partnership law, the state's public entities may now enter into P3 agreements. JDSupra explained the difference that the Colorado's expanded P3 law will bring: Under the P3 project delivery method, a public...
Airport Modernizations Offer Unique Partnering Opportunities
Airports in America are undergoing significant changes as focus has shifted to long-overdue, critical needs related to modernization. Finally, there is funding for these efforts. Public officials are preparing to launch thousands of projects with objectives related to...
This Trend Will Significantly Impact Public and Private-Sector Leaders
Public officials in government are asking difficult questions about how to deliver critical infrastructure projects. Their concern is real, and their questions are valid because the trend of delivering large projects through public-private partnerships (P3s) is...
North America’s Infrastructure Projects Are Healthiest in the World: 2022 Project Momentum INdex
North America's infrastructure projects are meeting deadlines and being completed more efficiently than in any region in the world, according to the 2022 Construction Project Momentum Index released by GlobalData, North America's construction sector was given a 1.31...
Nebraska Passes P3 Bill
Nebraska's Governor signed a law late last month which allows the state's Department of Transportation to enter public private partnerships. The state will likely use the P3 model for an upcoming state expressway project. From the Bond Buyer: Nebraska is likely to use...
Legal Issues in Broadband Public-Private Partnerships: Finding a Private Partner
A growing number of local governments are coming to see fiber broadband networks as essential infrastructure for the 21st century, infrastructure that is capable of driving and supporting simultaneous progress in just about every area of significance to their...
What 24 P3 Projects Taught Researchers About Innovation
P3 projects are understood to be uniquely ripe for innovation, as they combine procurement and long-term collaboration between parties. But what kinds of conditions create the most innovative P3 projects? Researchers in Belgium studied 24 P3 projects, through surveys...
Weather-Related Disasters Creating Need for Public, Private-Sector Services
Climate change has been the cause of immeasurable damage over the last few decades, and there is no end in sight. In addition to the tragic loss of lives, natural disasters have impacted at least some part of the infrastructure in every region of the country. To halt...