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Posts Tagged ‘Public-Private Partnerships’

Airport collaborative redevelopment proposal could leverage $7 billion in private investment

Wednesday, January 11th, 2017
JFK International Airport - Photo by Joe Mabel

Written by Mary Scott Nabers President and CEO, Strategic Partnerships Inc. Hampered by outdated systems and infrastructure in need of repair, the John F. Kennedy International Airport in New York City has found a friend in New York Gov.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 […]

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Now is the time for voters to let Congress know their feelings about infrastructure and jobs in America

Thursday, December 22nd, 2016
Photo by Wyn Van Devanter - Looking southeast down Pennsylvania Avenue in Washington, D.C. Visible landmarks include the Old Post Office Pavilion (center) and United States Capitol.

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.”

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Successful Strategies for Broadband Public-Private Partnerships

Thursday, August 4th, 2016
Spectrum of Cooperation for Local Networks

…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.

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The Lessons of Long-Term Privatization: Why Chicago Got it Wrong and Indiana Got it Right

Friday, July 29th, 2016
manhattan institute - parking meters

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.

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Shaping the Future of Construction: A Breakthrough in Mindset and Technology

Thursday, July 7th, 2016
Figure 1: Industry Transformation Framework

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.

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Paying for Local Infrastructure in a New Era of Federalism

Wednesday, May 18th, 2016
Paying for local infrastructure in a new era of federalism

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.

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National Parks and Infrastructure: Should Park Funding be a Private Affair?

Tuesday, May 17th, 2016
National Park Service - Find Your Park

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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PBS Newshour: Should the private sector help rebuild American infrastructure?

Tuesday, April 26th, 2016
PBS Newshour: Should the private sector help rebuild American infrastructure?

As the U.S. grapples with a growing list of transportation infrastructure needs and limited public funds, more states are looking to public-private partnerships as a means of fixing and replacing aging bridges, tunnels and roads. But is there a downside for taxpayers? NewsHour Weekend’s Christopher Booker reports.

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ACEC’S ENGINEERING INC. — Navigating the P3 Landscape

Thursday, March 17th, 2016
Portsmoth, VA

AMERICAN COUNCIL OF ENGINEERING COMPANIES (ACEC)
The U.S. has no shortage of high-profile P3 projects, particularly in Texas, Florida and California. One of the first major uses of the P3 model in the U.S. dates back to 1999, when the Port Authority of New York and New Jersey faced a limited debt capacity to finance necessary improvements to New York’s JFK International Airport. It ultimately turned to a consortium of private developers, operators and financiers to renovate the international terminal. In addition, a private company has a 28-year lease with the Port Authority to operate the terminal.

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Guest on The Infra Blog: Andrew Curtis Right, Executive Director, Build America Transportation Investment Center (BATIC)

Wednesday, November 18th, 2015
Andrew Curtis Right, Executive Director, BATIC

Andrew Curtis Right is Counselor to the U.S. Secretary of Transportation and Executive Director of the Build America Transportation Investment Center. The Build America Transportation Investment Center serves as the single point of contact and coordination for states, municipalities and project sponsors looking to utilize federal transportation expertise, apply for federal transportation credit programs and explore ways to access private capital in public private partnerships.

“If you’re going to build a road today you’ve got to bid out the contract, and someone has to pay for it. And in the past the money has typically come from the Highway Trust Fund, or from the federal government, or from state and local taxes, et cetera. Going forward, the issue is a P3 really involves a different layer of procuring and risk sharing, and effectively of financing, where the state or the municipality or the sponsor doesn’t have to pay up front as part of a contract…”

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