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Tag Archives: P3

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

Indiana Finance Authority Shortlists 4 Proposers for its Indiana Portion of the Illiana Corridor Project & I-65 Added Capacity Project

Posted in PPPs

On February 28, 2014, the Indiana Finance Authority ("IFA"), in coordination with the Indiana Department of Transportation ("INDOT"), shortlisted four teams for its Indiana Portion of the Illiana Corridor Project (the "Indiana Portion") and I-65 Added Capacity Project ("I-65 Project" and collectively with the Indiana Portion, the "Project").  The project website is located at http://www.in.gov/ifa/2763.htm.  … Continue Reading

Indiana Does it Again! IFA Selects Preferred Bidder for I69 Section 5 Availability Payment Project

Posted in PPPs

Following on the success of the East End Crossing P3 project, the Indiana Finance Authority selected a team led by international P3 developer Isolux Infrastructure to design, build, finance, operate and maintain a 21 mile interstate project.  The developer expects to spend $325 million on capital costs for the project and has brought several local… Continue Reading

Arizona DOT Issues RFI for South Mountain Freeway Project

Posted in Design-Build, PPPs

Yesterday the Arizona Department of Transportation issued to the P3 and design-build industry a Request for Information for the South Mountain Freeway project.  ADOT is seeking perspective and feedback from lead developers, design-build contractors, maintenance contractors, and equity investors on a list of questions, and is providing an opportunity for industry input on the overall procurement… Continue Reading

House Transportation Committee Establishes Panel on Public-Private Partnerships

Posted in Policy

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) and Ranking Member Nick Rahall (D-WV) announced the creation of a special committee panel to examine public-private partnerships (P3s) in the United States.  This panel will inform the Committee’s work this year on reauthorizing surface transportation programs and other legislative activity. Committee Vice Chairman John J…. Continue Reading

Four Teams Short-listed for the Maryland Purple Line P3

Posted in PPPs

On January 8, 2014, the Maryland Department of Transportation and the Maryland Transit Administration announced that four teams were short-listed to submit proposals to design, build, construct, finance, operate and maintain the Purple Line Project through a public-private partnership (“P3”). The estimated $2.2 billion Purple Line Project is 16.2 mile light rail transit line that… Continue Reading