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Posts Tagged ‘Public-Private Partnerships’

New rule to speed federal regulatory processes could ramp up interest in transportation P3s

Monday, June 11th, 2018

The new rule, Private Investment Project Procedures (PIPP), which is scheduled to go into effect June 29, lines up with the administration’s goal of encouraging private investment in infrastructure projects nationwide. The President’s original infrastructure plan was for the federal government to invest $200 billion in order to encourage more than $1.5 trillion in investment revenue from other sources.

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Infrastructure funding in the new budget bill – here’s where it will go

Monday, March 26th, 2018

Infrastructure 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.

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It has not been swift…but federal funds will soon flow into Texas and Florida

Monday, March 19th, 2018
Hurricane Irma

Seven 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.

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Government Construction Projects May Never Be the Same

Tuesday, January 23rd, 2018

Construction 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.

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State funding continues to shrink – most large public projects will require alternative types of funding in 2018

Wednesday, December 27th, 2017

Public 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.

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Pennsylvania DOT’s Public-Private Partnerships

Friday, December 15th, 2017

PennDOT operates one of the most ambitious and comprehensive public-private partnership (P3) programs in the nation. The featured projects bring value to Pennsylvania by significantly reducing structurally deficient bridges, supporting motorist safety, enhancing mass transit and rail service, and in some cases, generating new revenue to support future investment. –Pennsylvania Department of Transportation on YouTube

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ACEC’S ENGINEERING INC. — Can P3s Rescue U.S. Infrastructure?

Wednesday, December 6th, 2017
Public-Private Partnerships: The Governor George Deukmejian Courthouse, Long Beach, California

Over 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.

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Funding flowing to Texas resulting soon in hundreds of immediate contracting opportunities

Thursday, November 9th, 2017

When 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.

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Startup firms partnering with government? Really?

Tuesday, October 31st, 2017

Written 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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Citizens will hopefully get involved in this issue

Tuesday, October 17th, 2017

Just a week ago, the president started walking back his often-stated commitment to use $200 billion in federal funding to leverage another $800 billion in private capital and other non-federal funds for an infrastructure plan. Word from the Beltway this week is that a new “outline of principles” for an infrastructure plan will be forthcoming from the Trump administration, possibly in the next week or so.

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