Public private partnerships (PPP or P3) have been popular in Western Countries for decades. Countries like France, Germany, Australia and Japan have embraced the concept and have constructed (and leased) public infrastructure projects from bridges to airports with PPP. The same seems to finally be taking off in the United States. While the Federal Government […]
Category: p3
Mechanics Lien Remedy for Public-Private Partnerships
A public private partnership (P3) is a popular term used to describe the delivery of public improvements by transferring risk and reward from government to private parties. P3s are gaining increasing popularity in California to privately finance public improvements by cash-strapped governments at arguably lower delivery costs than traditional design-bid-build methods. Today, P3s are being […]