Big infrastructure projects, typically, are one of those places where the government really does have a big role and the private sector has a big role and it’s sort of not a place for citizen volunteerism at the larger scale. I think there’s a real role for local civic and local planning…While a community may not be capable of figuring out whether the Tappan Zee Bridge needs to be replaced, they do know that this particular road floods every time it rains and that’s something that the government people often don’t know.
View this complete post...Posts Tagged ‘Public-Private Partnerships’
Guest on The Infra Blog: James Rubin, CEO, Meridiam North America
Monday, September 24th, 2018Asset 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...New rule to speed federal regulatory processes could ramp up interest in transportation P3s
Monday, June 11th, 2018The 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.
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...Pennsylvania DOT’s Public-Private Partnerships
Friday, December 15th, 2017PennDOT 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
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...Follow InfrastructureUSA
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