Without doubt, the president’s proposed budget redefines the federal government’s role in infrastructure projects at all levels of government. It outlines “key principles” that Trump wants used to determine projects that will qualify for federal dollars or incentives. It also sends a clear message to elected officials throughout the country that public funding will not be adequate in the future and private-sector investor must be embraced.
View this complete post...Posts Tagged ‘Public-Private Partnerships’
President Trump’s proposed budget speaks volumes about his infrastructure vision
Tuesday, May 30th, 2017Practicality of Private Sector Funded Infrastructure
Monday, February 6th, 2017
Modernizing America’s infrastructure is a key plank in the next Administration’s economic platform, and transportation infrastructure should be central to this effort. The case can be made that American roadways are inadequate, even as there are more vehicles on the road than ever. The consequence is congested roads and poor road quality. However, President Trump’s plan relies heavily on private sector finance; specifically leveraging less than $200 billion in federal funds for $800 billion in private funds. (Then-candidate Hillary Clinton similarly proposed establishing an infrastructure bank involving the private sector.) Is it feasible to modernize the surface transportation network without greater taxpayer involvement?
View this complete post...Airport modernization – next big wave of infrastructure Projects
Wednesday, February 1st, 2017
Operational inefficiencies, passenger congestion, limited retail, access in and out of terminals and the negative passenger experience found in almost every U.S. airport is the result of outdated design, increasingly high demand, a lack of funding investment and a tendency to reject the concept of collaborating with private-sector experts. That, however, is changing.
View this complete post...Airport collaborative redevelopment proposal could leverage $7 billion in private investment
Wednesday, January 11th, 2017
Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. Hampered by outdated systems and infrastructure in need of repair, the John F. Kennedy International Airport in New York City has found a friend in New York Gov. Andrew Cuomo. The forward-thinking governor this week announced his $10 billion plan to redevelop the JFK […]
View this complete post...Now is the time for voters to let Congress know their feelings about infrastructure and jobs in America
Thursday, December 22nd, 2016
It would be wonderful – and significantly helpful – if taxpayers and public officials showed an outpouring of support for rebuilding the nation’s infrastructure. Congressional representatives need to know, without doubt, that there is home-town support for this. Without seeing support from constituents, it’s possible that the program could get delayed long enough to die a sad death. If that happens, the U.S. will remain vulnerable in the race for global leadership… and thousands of jobs that could have been created will be remembered only as “what might have been.”
View this complete post...Successful Strategies for Broadband Public-Private Partnerships
Thursday, August 4th, 2016
…most Americans continue to only have one option for high-speed Internet access, according to the Federal Communications Commission, often a cable network with limited upload speeds. Smart cities are realizing they need to act or risk being left behind. However, many do not want to embrace the purely municipal model, where the city would engage in direct competition with existing providers…One way for those communities to move forward is with a public-private partnership (PPP). But for all the excitement around this model, there are few concrete examples from which to draw lessons.
View this complete post...The Lessons of Long-Term Privatization: Why Chicago Got it Wrong and Indiana Got it Right
Friday, July 29th, 2016
Today, cash-strapped U.S. cities and states are selling or leasing government assets, particularly transportation infrastructure. The sale or lease of such assets can be beneficial to the public; but the long-term nature of these deals makes them potentially far more risky than contracts to run bus service or repair city-owned vehicles.
View this complete post...Shaping the Future of Construction: A Breakthrough in Mindset and Technology
Thursday, July 7th, 2016
WORLD ECONOMIC FORUM
The Engineering & Construction (E&C) industry strongly affects the economy, the environment and society as a whole. It touches the daily lives of everyone, as quality of life is heavily influenced by the built environment surrounding people. The construction industry serves almost all other industries, as all economic value creation occurs within or by means of buildings or other “constructed assets”. As an industry, moreover, it accounts for 6% of global GDP. It is also the largest global consumer of raw materials, and constructed objects account for 25-40% of the world’s total carbon emissions.
Paying for Local Infrastructure in a New Era of Federalism
Wednesday, May 18th, 2016
NATIONAL LEAGUE OF CITIES
Most cities are limited in terms of the number and scope of infrastructure funding tools. Cities also face additional implementation hurdles like county administration overlays and voter approval requirements. Of course, cities are marrying the tools explored here with others, but a patchwork of tactics will only take them so far. Cities need a more deliberate approach that recognizes the central role of infrastructure in the success of our nation’s economic engines…This report presents a state-by-state analysis and comparison of the local tools to fund infrastructure, including local option taxes and fees, such as sales taxes, fuel taxes and motor vehicle fees, as well as emerging mechanisms like state infrastructure banks and public-private partnerships.
National Parks and Infrastructure: Should Park Funding be a Private Affair?
Tuesday, May 17th, 2016
To keep parks open, we have to find a sustainable funding source for maintenance and operations. If Congress can’t approve more appropriations for the parks, the NPS will be forced to make systemic changes. The slope is already sliding toward private investment, but it’s up to the American people (and policymakers) to decide what will ultimately happen.
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