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Tag Archives: P3

Benefits of P3 Model – Rebuttal of Ontario Auditor General’s Report

Posted in News

Guest post by Mark Romoff, President and CEO, The Canadian Council for Public-Private Partnerships On December 9, 2014, Ontario’s Auditor General released her 2014 Annual Report, sharply criticizing Ontario’s Alternative Financing and Procurement (AFP or P3) program and suggesting a return to using the traditional method of delivering public infrastructure to achieve savings in taxpayer… Continue Reading

Emerging Trends in Project Delivery: Design-Build-Maintain Contracting for Surface Transportation Projects

Posted in PPPs

In the modern U.S. history of public-private partnerships, the prevailing project delivery models have been the toll concession and the availability payment contract.  In both cases, the private party raises equity and debt financing and takes responsibility and risk for completing design, constructing and providing long-term operations and maintenance.  The major difference between the two… Continue Reading

Preferred Offeror Named on Marion County Consolidated Justice Center Project

Posted in Social Infrastructure

City of Indianapolis Mayor Greg Ballard announced today that WMB Heartland Justice Partners was selected as the Preferred Offeror to design, build, finance, operate and maintain the new Marion County Consolidated Justice Facility.  WMB Heartland Justice Partners is comprised of equity members Walsh Investors, LLC, Meridiam Infrastructure Indy Justice, LLC, and Balfour Beatty Investments, Inc…. Continue Reading

South Mountain Freeway Project Receives Five Statements of Qualifications

Posted in PPPs

The Arizona Department of Transportation received on December 10 statements of qualifications from five teams vying for a design-build-maintain contract for the $1.9 billion Loop 202 South Mountain Freeway Project.  The submitting teams are: 1.  Connect 202 Partners Fluor Entreprises Inc. Granite Construction Co. Ames Construction Inc. Parsons Brinckerhoff Inc. DBi Services LLC 2.  South… Continue Reading

Best Practices for Public Building P3 Projects: What Works and What Doesn’t?

Posted in Social Infrastructure

The Performance Based Building Coalition (PBBC) and the National Council for Public-Private Partnerships (NCPPP) together hosted the P3s for Public Buildings Summit in Miami on November 17 and 18, 2014. One of the panels formed for the Summit reviewed “Best Practices for Public Building P3 Projects: What Works and What Doesn’t?” The panel was skillfully… Continue Reading

Maryland Jurisdictions Expanding P3 Strategies Despite Political Uncertainty

Posted in PPPs, Water

Despite perceived uncertainty as to the future of two, prominent transportation P3 projects, it appears that jurisdictions within Maryland are looking to P3 structures to solve a wider array of infrastructure issues in the state. Prince George’s County, one of Washington, D.C.’s Maryland suburbs, recently entered into a first-of-its-kind stormwater P3 with a subsidiary to… Continue Reading

EPA Presents WIFIA Listening Sessions in Los Angeles

Posted in Financing, Water

The Environmental Protection Agency (EPA) is currently holding a roadshow of listening sessions across the US to provide information on the Water Infrastructure Finance and Innovation Act (WIFIA) and its proposed five-year pilot program to provide an alternative funding source for a variety of water infrastructure projects. The EPA presented in Los Angeles on October… Continue Reading

NCPPP and PBBC Host First P3s for Public Buildings Summit

Posted in PPPs

The inaugural P3s for Public Buildings Summit will be held on November 17-18, 2014 at the Hyatt Regency in Miami, FL. The summit will be hosted by the National Council for Public-Private Partnerships and the Performance Based Building Coalition. The summit will explore ways that P3s can be developed and implemented to replace the nation’s… Continue Reading

House Transportation & Infrastructure Committee’s Panel on Public-Private Partnerships Release Recommendations

Posted in Policy, PPPs

On September 17, the House Transportation & Infrastructure Committee’s Panel on Public-Private Partnerships (P3s) released its report and recommendations.  The group, empaneled in February of this year, was tasked with examining “issues regarding public-private partnerships across all aspects of the Committee’s jurisdiction.”  The panel held two hearings and seven roundtable discussions in addition to other… Continue Reading

FHWA Publishes Core Toll Concession P3 Model Contract Guide

Posted in PPPs, Tollroads/ Turnpikes/ Managed Lanes

The FHWA published its final Core Toll Concessions P3 Model Contract Guide (“Guide”) on September 10, 2014 as part of its mandate under MAP-21 to develop “standard public-private partnership transaction model contracts for the most popular types of public-private partnerships.”  The Guide serves as an educational tool to assist states, public transportation agencies, and other… Continue Reading

OCTA 91 Express Lanes Bonds Get 2 A’s from S&P

Posted in Financing, Tollroads/ Turnpikes/ Managed Lanes

In an historic move, Standard & Poor’s upgraded the Orange County Transportation Agency SR91 Express Lanes Toll Revenue Bonds to “AA-”, making it one the highest rated managed lanes projects in the world.  The bonds were issued last year to refund bonds that were issued in 2003 when OCTA acquired the SR91 Express Lanes project… Continue Reading

Port of Miami Tunnel Open for Traffic

Posted in PPPs, Tunnels

On August 3, 2014, the Florida Department of Transportation (FDOT) and the Port of Miami achieved an important milestone when the est. $1 billion Port of Miami Tunnel opened for traffic.  The project consists of twin tunnels under Biscayne Bay linking Port facilities on Dodge Island with a widened MacArthur Causeway and I-395.  One of… Continue Reading

Six Teams Submit SOQs for UC Merced 2020 P3 Project

Posted in Financing, PPPs, Social Infrastructure

The Regents of the University of California (the “Regents”), on behalf of the University of California, Merced (“UC Merced”), announced on August 1, 2014 that it received Statements of Qualifications (SOQs) from six teams in response to a Request for Qualifications for the UC Merced 2020 P3 Project. The respondents and their equity members are… Continue Reading

EPA Won’t Require Formal Rulemaking for WIFIA Program

Posted in PPPs

During the “Use of WIFIA” breakout session at the NCPPP P3 Connect conference this week in Denver, Elizabeth Corr, Associate Division Director for the EPA, confirmed that the agency will not need to complete the formal federal rulemaking process to implement the Water Infrastructure Finance and Innovation Act.  The Act, or WIFIA, was recently enacted… Continue Reading

National Conference for Public-Private Partnerships Concludes P3 Connect Summit

Posted in PPPs

After a re-boot, the National Conference for Public-Private Partnerships (NCPPP) concluded a three day summit July 30 in Denver, Colorado on all things P3. NCPPP’s “P3 Connect” annual meeting held programs addressing P3 project delivery in the water/waste water, federal and state disaster recovery, U.S. Department of Defense/U.S. General Service Administration (GSA) and emerging “social… Continue Reading

Arizona DOT Announces Procurement Decision for South Mountain Freeway Project

Posted in Design-Build, PPPs

The Arizona Department of Transportation announced today its decision to deliver the $1.9 billion South Mountain Freeway Project under a single design-build-maintain public-private partnership.  While there will be a long-term maintenance component, ADOT, in collaboration with the Maricopa Association of Governments and the Arizona Division of the Federal Highway Administration, has decided to use available… Continue Reading

The Maryland “Purple Line” Transit Project Releases its Final Request for Proposals

Posted in Design-Build, PPPs, Rail and Transit

On July 28, 2014, the Maryland Transit Administration (MTA) and Maryland Department of Transportation (MDOT) issued the final request for proposals for a public-private partnership to design, build, finance, operate and maintain the “Purple Line” light rail transit project using an availability payment approach.  The Purple Line is a 16-mile route extending from New Carrollton… Continue Reading

Study Finds San Francisco Veterans Administration Medical Center is Prime Candidate for P3 Delivery Method

Posted in PPPs

According to a recently released study by the Bay Area Council Economic Institute, a public-private partnership (P3) may be the most effective method to deliver a proposed expansion of the San Francisco Veterans Administration Medical Center (SFVAMC) – but there are some barriers that need clearing.  The SFVAMC is a leading Veterans Administration (VA) medical… Continue Reading

Nossaman Posts Draft Model P3 Legislation for Public Buildings and Invites Comments

Posted in Legislation, PPPs, Social Infrastructure

As demand for government services continues to grow across the United States, federal, state and local government agencies must identify innovative and cost effective methods to deliver essential social infrastructure. While many agencies are interested in pursuing innovative P3 delivery models to procure public buildings, they often lack the clear necessary legislation to authorize P3… Continue Reading

Indiana Achieves Commercial Close on its Second Availability Payment P3

Posted in PPPs

Indiana closed its second availability payment-based P3 project, the I-69 Section 5 project.  ”Section 5″ is the fifth of six planned sections to link Evansville, Indiana with Indianapolis.  The RFQ for Section 5 was published on May 23, 2013 and the Indiana Finance Authority (“IFA”) – once again partnering with the Indiana Department of Transportation… Continue Reading

FDOT Receives Financial Proposals from Four Teams for I-4 Ultimate Project

Posted in PPPs

The Florida Department of Transportation (FDOT) announced yesterday that it received four financial proposals in response to a Request for Proposals issued by FDOT on October 11, 2013 for the I-4 Ultimate Project.  On June 5, 2013, FDOT announced a shortlist of four proposers, all of whom submitted financial proposals yesterday and technical proposals on… Continue Reading

Congressional Panel Explores Industry’s Views on Public-Private Partnerships

Posted in Policy

On Wednesday, March 5, the House Transportation and Infrastructure Special Panel on Public-Private Partnerships held a hearing entitled “Overview of Public-Private Partnerships for Highway and Transit Projects” to review the role of P3s in delivery of highway and transit projects. The witness list and links to their testimony are as follows: Mr. Joseph Kile, Assistant… Continue Reading

White House Backs the $2.2 Billion Purple Line

Posted in Rail and Transit

On Tuesday, March 4th federal officials recommended the Maryland Transit Administration’s Purple Line Public-Private Partnership Project (“Purple Line”) to receive $100 million in federal construction money as part of the Obama Administration’s 2015 fiscal year budget. The Federal Transit Administration recommended the Purple Line as one of seven large transit projects in the nation to… Continue Reading