The Viability of Public Private Partnerships | Construction Executive

The Viability of P3s rn
by Joanna Mastersonrn
rnExcerpt from the July 2102 cover story from Construction Executive Magazine rnrnIt’s no secret the public sector has money problems. Some governments are on the verge of bankruptcy, and its expected to take another four or five years for most state and municipal budgets to return to 2007 levels. Pile on extensive infrastructure problems and governments are pretty much left with three options: continue postponing capital improvement projects, raise taxes or explore the possibility of a public-private partnership (P3).rnrn”Yes