Public officials at the state and local levels of government are seeking alternative sources of funding to deal with thousands of infrastructure issues that threaten their economy and the well-being of citizens. Large cities and counties have no trouble finding interested private-sector investors. That’s not been the case, however, for small communities and rural areas in most states. That is now changing.
View this complete post...Posts Tagged ‘PPPs’
Smaller projects in rural and mid-size regions are attracting funding from new sources
Monday, March 18th, 2019Asset recycling – a trend that is becoming common
Monday, July 23rd, 2018Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. Since the release of President Trump’s infrastructure plan earlier this year, not a lot has happened…at least not much related to funding. And, there are few signs that anything will happen anytime soon. The idea of infusing $200 billion in federal funds to spur […]
View this complete post...Infrastructure funding in the new budget bill – here’s where it will go
Monday, March 26th, 2018Infrastructure experts are calling the $21.2 billion in new federal infrastructure funding in the omnibus federal spending bill “a good first step.” But, they know all too well that it’s only a “tip of the iceberg” solution. Sadly, the additional funding for infrastructure projects is woefully short of what’s needed.
View this complete post...It has not been swift…but federal funds will soon flow into Texas and Florida
Monday, March 19th, 2018Seven months after hurricanes Harvey and Irma wreaked catastrophic damages in parts of Texas and Florida, leaving $175 billion in damages in their wake, help is on the way. Much-needed federal disaster relief dollars from the Federal Emergency Management Agency (FEMA) and the U.S. Department of Housing and Urban Development (HUD) should reach public officials in Gulf Coast counties by the end of this month.
View this complete post...Government Construction Projects May Never Be the Same
Tuesday, January 23rd, 2018Construction firms interested in new business opportunities need only to look at where the disasters occurred in 2017. But successful bidders will be companies that understand the importance of offering construction services with built-in resiliency. That’s the value proposition public officials are seeking in today’s marketplace.
View this complete post...State funding continues to shrink – most large public projects will require alternative types of funding in 2018
Wednesday, December 27th, 2017Public officials in states that have been cash-strapped for the last number of years have already exhausted internal creativity and innovation. There are just so many ways to do “more with less” and most say they have no new ideas left. In states that enacted fee and tax increases, the total net result was only $9.9 billion in additional revenue. Now lawmakers and budget gurus must explore alternative funding options. That’s because some projects and budget items simply cannot be overlooked, decreased or eliminated.
View this complete post...ACEC’S ENGINEERING INC. — Can P3s Rescue U.S. Infrastructure?
Wednesday, December 6th, 2017Over the last decade, it has become increasingly clear that America’s infrastructure requires a significant upgrade. Roads, highways, bridges and tunnels have decayed and deteriorated—sometimes to the point of catastrophic failure. Yet, with tax dollars limited and funding for projects largely declining, finding a way out of the mess has been extraordinarily difficult.
“It has put the spotlight on public-private partnerships,” states Lee Weintraub, chair of public-private partnerships and vice chair of construction, law and litigation at Becker & Poliakoff.
View this complete post...Funding flowing to Texas resulting soon in hundreds of immediate contracting opportunities
Thursday, November 9th, 2017When the Hurricane Harvey federal disaster relief funding spigot finally opens in Washington, D.C., Texas cities and counties with recovery projects – some of which will be mega-million dollar projects – are hopeful their projects will be among those funded. And when the funding starts flowing, contracting opportunities will be abundant. Private-sector firms throughout the country willing to bring their experience and resources to the Texas Gulf Coast will be called on to contract with public-sector entities to help with the rebuilding of Texas.
View this complete post...Startup firms partnering with government? Really?
Tuesday, October 31st, 2017Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. Startup companies of all types are hot topics today. They excite investors because some offer great revenue potential. The media loves to write about them and economic development organizations try to attract them because of the jobs they create. Small businesses are the backbone […]
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