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Posts Tagged ‘P3s’

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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2017: The Year in Infrastructure

Wednesday, January 3rd, 2018
2017: The Year in Infrastructure

2017 was, by many accounts, a turbulent year. Infrastructure was no exception.

Whether due to new political paradigms, unprecedented natural disasters or new funding opportunities, American infrastructure faced a wide range of challenges throughout the year. Here, we recount some of the key infra topics that shaped discussion–and action–in 2017.

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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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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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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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