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Posts Tagged ‘P3s’

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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Guest on The Infra Blog: Namrita Kapur, Environmental Defense Fund (EDF)

Wednesday, October 25th, 2017
Namrita Kapur on The Infra blog

Our systems and services in infrastructure are pretty compromised right now, especially in areas that have been subject to extreme weather events. But even if they haven’t, we’ve got a lot of infrastructure that, frankly, is falling apart. We haven’t done a good job of maintaining it, and we don’t have enough resources to maintain or resuscitate that infrastructure. So the reason this is important is because it creates a path for being able to address that issue. To create the type of infrastructure that we need to provide energy security, safe drinking water, reliable transportation, all the services and needs we have from our day to day infrastructure that we aren’t receiving right now through our public sector.

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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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P3 Infrastructure Delivery: Principles for State Legislatures

Thursday, August 24th, 2017
Project Delivery Models Along a Continuum of Private Sector Involvement

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.

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New funding now available for water infrastructure projects

Wednesday, August 2nd, 2017
Mayor Kevin Faulconer at the Advanced Water Purification Facility. Photo by Chris Jennewein

Created 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.

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Infrastructure back in spotlight; Trump appoints advisory council

Monday, July 24th, 2017

The wheels on the Trump administration’s $1 trillion infrastructure plan appear to be moving. After months of delays, the president, through an executive order, announced the creation of a Presidential Advisory Council on Infrastructure.

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President Trump’s proposed budget speaks volumes about his infrastructure vision

Tuesday, May 30th, 2017

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.

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A Citizens Guide to Kentucky Infrastructure

Thursday, May 25th, 2017
Kentucky Key Facts

Kentucky is in a prime spot — within a day’s drive of two-thirds of the nation’s population. That makes the Commonwealth a key site for industries needing to transport products across the country. In fact, University of Kentucky economists report more than a quarter of the state’s economy is made up of industries highly dependent on transportation. National surveys of corporate executives rank highway accessibility as the top factor in business location decisions. All of that means transportation infrastructure maintained in top condition is a key requirement for a healthy economy.

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Public-private partnerships – happening even in small cities, rural areas of the country

Wednesday, March 8th, 2017
Countryside on US 9 north of Red Hook, NY, USA, by Daniel Cooke - Original: https://commons.wikimedia.org/wiki/File:US_9_north_of_Red_Hook,_NY.jpg

…there’s not much news about P3s in smaller cities or in rural areas. That is about to change. As public officials in less populated parts of the country lament that the projects they need to launch are not large enough to capture the attention of investors or experienced contracting partners, some of their counterparts are forging ahead.

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Making America’s infrastructure great again will take lots of time and money

Wednesday, February 22nd, 2017

In the months leading up to the presidential election, Donald Trump announced that, if elected, he would incentivize $1 trillion into the nation’s ailing infrastructure. Citizens, taxpayers, public officials and contractors have been waiting to see if that would really happen or not. President Trump recently announced that he had selected private-sector P3 expert David James “DJ” Gribbin to serve as his special assistant for infrastructure. It was a big announcement and one that caused people to ask…will it really happen? Maybe so!

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