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Change Leader: Pursuing P3 Partnerships

August 1, 2016 - in Profile

Skanska is a global construction and development company with a long history of public-private partnerships (P3) to design, build and operate large infrastructure projects. The company is working on the I-4 Ultimate Project in Orlando, Fla., which currently…

Construction Begins on Long Beach Civic Center

July 18, 2016 - in Buildings, Projects

The City of Long Beach recently broke ground for a $533 million Civic Center to be built in a public-private partnership. The milestone marks the beginning…

Fluor Consortium Named Preferred Bidder for A27/A1 Public Private Partnership Project in the Netherlands

IRVING, Texas & AMSTERDAM—Fluor Corporation (NYSE:FLR) announced today that it is part of the 3Angle consortium, a special purpose company selected…

P3 Innovations Cut Costs But Rate of Adoption is Conservative, Study Finds

June 24, 2016 - in Construction, Financial

Public agencies enter into P3 agreements to reduce a project’s construction and life cycle costs, expedite their completion, and improve their efficiency and reliability. In addition to skills and experience, private developers often count on having the…

Fluor Announces Financial Close on Maryland Purple Line Light Rail Transit Project

June 23, 2016 - in Construction, Corporate, Rail

IRVING, Texas—Fluor Corporation (NYSE: FLR) announced that its Purple Line Transit Partners team, comprised of Fluor, Meridiam Infrastructure Purple Line, LLC, and Star America Purple Line, LLC, reached financial close to design, build, finance, operate…

Pennsylvania Public-Private Partnership Board Approves Commonwealth Fiber Optic Communication Project

June 10, 2016 - in Projects, Transportation

Harrisburg, Pa.—Pennsylvania’s Public-Private Partnership (P3) Board recently approved a Pennsylvania Turnpike Commission project to install a fiber optic cable along the 550-mile Turnpike and extensions to provide communication capacity for the commission,…

Governor Dayton and Land O’Lakes, Inc. Announce Public-Private Partnership to Improve Water Quality in Minnesota

May 25, 2016 - in Corporate, Maintenance, Water

ARDEN HILLS, Minn., May 25, 2016—Governor Mark Dayton and Land O'Lakes, Inc. President and CEO Chris Policinski today announced a new public-private partnership to protect and improve water quality across Minnesota. This new partnership is the first of its…

Bechtel Team Breaks Ground on New P3 Light Rail Project in Edmonton

May 4, 2016 - in Construction, Projects, Rail

Bechtel, part of TransEd Partners, a consortium also comprising Bombardier, EllisDon and Fengate Capital Management, announced today the groundbreaking for the Edmonton Valley Line Light Rail Transit – Stage 1 project in Alberta, Canada. The TransEd team…

The Bipartisan Policy Center Presents P3 Case Studies

April 8, 2016 - in Corporate, Transportation

To remain competitive into the future, America must address its infrastructure needs – transportation, water, power and energy, and civic structures – repairing existing assets as well as expanding investments to meet the demands of the next generation.…

PennDOT Accepting Unsolicited Public-Private Partnership Proposals Until April 30

April 8, 2016 - in Corporate, Transportation

Harrisburg, PA – The PennDOT Office of Public-Private Partnerships (P3) today announced that it is accepting unsolicited proposals for transportation projects from the private sector through April 30. The submission period applies to PennDOT-owned projects…