As we previously reported in April, organizations that annually recognize top projects and industry organizations worldwide have proven that they are no longer focusing solely on mega-projects that are part of major design-build contracts. This was apparent at the Partnerships Awards hosted by Partnerships Bulletin and PPP Bulletin International on May 23, 2013, where numerous US agencies and projects received recognition.
The Commonwealth of Virginia’s Office of Transportation Public-Private Partnerships received the distinction of Best Central/Regional Government PPP Promoter, recognized for its work on some of the largest infrastructure projects currently taking place in the US, including the 95 Express Lanes project and the Midtown Tunnel. Continuing their winning streak, Dusty Holcombe, Deputy Director of the Virginia Office of Transportation P3, was also honored for Best Individual Contribution.
Also receiving recognition, Presidio Parkway was "Highly Commended" for Best Transport Project, essentially making it one of top three transport projects in world. This $1.1 billion project was the first to be delivered under California’s P3 law, and only the third anywhere in the United States to be developed through an availability payment structure.
We would also like to recognize Ernst & Young for being named Best Financial Adviser and KPMG for being Highly Commended in the same category. Congratulations also to Arup for being named Best Technical Adviser.
The Partnerships Awards recognize people and projects from around the world for innovation, inspiration and collaboration. Entries are first reviewed by an 80-plus expert panel before going on to the 20 head judges.
Congratulations to all the agencies and their private partners involved in these projects for this highly-deserved recognition.
Nossaman LLP’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners, and industry media a wealth of practical experience, insider insight, and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.