Yvonne Castillo, formerly the Public Policy Strategist at The American Institute of Architects (AIA) and the new head of Schinnerer's risk management program, recently reported that the AIA, in conjunction with the National Council of Public Private Partnerships and the National Conference of State Legislatures (NCSL), has developed a significant briefing source for information about... Continue Reading →
Follow the money
It is not uncommon for engineering firms focused on infrastructure projects to monitor spending bills that are geared towards infrastructure projects at the federal, state, and local government level. With sources of government funding for infrastructure projects severely limited, the private sector has become increasingly interested in investing in infrastructure projects by creating partnerships with public... Continue Reading →
EJCDC publishes public-private partnership template
Public-private partnerships, or P3 arrangements, are being used in place of direct public financing for the many infrastructure and other public improvement projects. Under a P3 agreement, a government entity grants a private organization a concession to implement a public project or service, such as developing or renovating public facilities, expanding infrastructure, or providing new... Continue Reading →