Because P3s cover a broad range of innovative contracting, project delivery and financing arrangements, a singular definition is difficult to establish. P3s take various forms based on the type of infrastructure involved and level of risk sharing sought by the public sector. Key characteristics of P3s, delineating them from typical arrangements between the public and private sectors, include the transfer of risk from the public sector to the private sector, the marrying of multiple steps of the procurement lifecycle and the shifting of some public sector responsibilities to the private sector.
View this complete post...Archive for the ‘Funding’ Category
P3 Infrastructure Delivery: Principles for State Legislatures
Thursday, August 24th, 2017Do Streetcars Bring Economic Development?
Tuesday, August 15th, 2017Starting in the late 20th century, modern streetcar proposals started rippling across municipalities in the United States. They’re touted as infrastructure carrying benefits ranging from the social to economic and the environmental. But these projects often make appearances in the news as costly, blunder-filled experiments in public policy. Cities are willing to bet big on […]
View this complete post...Reactions to the BRIDGE Act
Monday, August 14th, 2017Keeping America competitive in the global marketplace requires first-rate highways, bridges, ports, transit and a modernized aviation system. I applaud Senator Warner for crafting bi-partisan legislation that recognizes that necessity. The BRIDGE Act employs a creative financing mechanism which leverages private investments with those from the federal, state and local sources. It is a common-sense approach to attracting billions of private sector dollars to help finance important projects with tangible economic benefits.
– Gov. Ed Rendell, Former Governor of Pennsylvania, Co-Chair of Building America’s Future
View this complete post...Congressional leaders begin to address infrastructure with a plan of their own
Monday, August 14th, 2017Delays in the rollout of the Trump administration’s much-heralded $1 trillion infrastructure plan are proving costly for deteriorating U.S. roads, bridges, airports and transit systems. And the longer the delay, the more it will cost taxpayers. Tired of delays on a long-awaited new plan, some members of Congress are busy putting together a “Plan B.”
View this complete post...New funding now available for water infrastructure projects
Wednesday, August 2nd, 2017Created three years ago and finally funded this year, the Environmental Protection Agency’s Water Infrastructure Finance and Innovation Act (WIFIA) program may soon announce the first round of funding for water infrastructure projects. The agency has $1.5 billion in available funds and it is all designated for water projects.
The EPA announced that 12 of the 43 public entities submitting letters of interest for project funding from the WIFIA program have been approved. These applicants may now move through the program and apply for low-interest loans.
View this complete post...Global Infrastructure Outlook
Tuesday, August 1st, 2017Across the globe, a well-functioning, modern infrastructure is Central to economic development and to quality of life. From the Roads and railways needed to transport people and goods, to the Power plants and communications networks that underpin Economic and household activity, to the basic human need for Clean water and sanitation, infrastructure matters to people And business everywhere.
View this complete post...Got climate related services or solutions? If so, state and local officials are looking for you!
Tuesday, July 4th, 2017The federal government may not like the Paris Climate Agreement, but state and local elected officials do. This past weekend, Los Angeles Mayor Eric Garcetti hosted a large number of mayors who reiterated their commitment to the partnership agreement. These officials visiting Florida for the U.S. Conference of Mayors represent the Climate Mayors, a bipartisan organization that was organized in 2014. The group now boasts 331 mayors representing 65 million Americans. The membership includes mayors from the 10 largest cities in the U.S., including traditional energy hubs such as Houston and Dallas.
View this complete post...President Trump’s Plan to Rebuild America’s Infrastructure
Tuesday, June 13th, 2017Rebuilding America’s infrastructure is a critical pillar of President Donald J. Trump’s agenda to promote job creation and grow the U.S. economy. America’s infrastructure has fallen to 12th in the world and that is unacceptable. Every American depends on our roads, rails, ports, and airports, and the President is committed to fixing this problem, not just pushing more liabilities onto future generations.
View this complete post...Follow InfrastructureUSA
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