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INFRA Grant Program Encourages Use of P3s

by Ballard Spahr LLP on

The U.S. Department of Transportation (USDOT) has revised and renamed a federal grant program that provides federal financial assistance to highway and freight projects of national or regional significance to support projects...more

Trump Infrastructure Plan Envisions Greater Role for Public-Private Partnerships

by Shearman & Sterling LLP on

Last week, the White House released an infrastructure “fact sheet” (the “Fact Sheet”) that accompanied its proposed Fiscal Year 2018 budget.[2] The Fact Sheet includes an Infrastructure Initiative (the “Initiative”) that...more

Próximo anunciamiento del nuevo plan federal de infraestructuras

La secretaria de transportes, Elaine Chao, ha informado recientemente al Senado de los EE. UU. que el plan de infraestructuras de 1 billón de dólares se anunciará a finales de mes. Se prevé que el nuevo plan dependerá de las...more

New Federal Infrastructure Plan Coming Soon

Transportation Secretary Elaine Chao recently informed the U.S. Senate that the President’s $1 trillion infrastructure plan will be announced by the end of the month. The new plan is anticipated to rely upon public-private...more

U.S. Senate Subcommittee to Hold Hearing on Innovative Solutions for Infrastructure

by Nossaman LLP on

On Tuesday, May 16, 2017 the Senate’s Committee on Environment and Public Works Subcommittee on Transportation and Infrastructure will hold a hearing titled “Leveraging Federal Funding; Innovative Solutions for...more

Australian Infrastructure Investment and Privatisation Update: Federal Taxation on the Agenda

by Jones Day on

At the end of January 2017, the Australian Taxation Office ("ATO") updated its draft of the Privatisation and Infrastructure—Australian Federal Tax Framework ("Framework") and issued a Taxpayer Alert TA 2017/1 on stapled...more

Public-Private Partnerships in Puerto Rico - DLA Piper's handbook

by DLA Piper on

Historically, there has been vigorous debate among the residents of Puerto Rico for and against the privatization of public property and public services. The public-private partnership (P3 or P3s) model established by the...more

Private vs. Public Infrastructure Funding Debate Continues

by Best Best & Krieger LLP on

Speculation continued this week in Washington, D.C. on infrastructure funding plans, with municipal bonds being discussed during a panel at the National Association of State Treasurers 2017 Legislative Conference, according...more

FTA Publishes Buy America Handbook Addressing Rolling Stock

by Nossaman LLP on

Federal Transit Administration (“FTA”) grant recipients and the firms that work on the projects have a twenty years in the making, updated resource to assist them in one of the more complex areas of FTA projects. The FTA last...more

Resolución de Año Nuevo: Tránsito de Miami Beach

Después de acelerar el proceso de solicitud para el proyecto del tren ligero o tranvía moderno de Miami Beach, el mes pasado la comisión de la ciudad de Miami Beach puso un freno. En respuesta a las preocupaciones expresadas...more

New Year’s Resolution: Miami Beach Transit

After expediting the solicitation process for the Miami Beach light rail/modern streetcar project, the Miami Beach City Commission hit the brakes last month. In response to concerns voiced by City residents, the Commission...more

Financiación del Transporte Público con Desarrollos Orientados al Transporte

Desde la aparición de los primeros sistemas de transporte público, se ha reconocido que los espacios contiguos a las estaciones de trenes son idóneos, especialmente, para urbanizaciones de usos múltiples. La gente está...more

Funding Mass Transit with Transit-Oriented Development

Since the earliest mass-transit systems, it has been understood that the property adjacent to train stations is particularly well-suited for dense mixed-use development. People are willing to pay a premium for the...more

The Public-Private Partnership as a New Tool for Infrastructure Development in Argentina

by Carlton Fields on

The Federal Executive Branch (known by the Spanish acronym, PEN) of the Argentine government recently submitted to the Argentine Congress a bill seeking approval of a new Public-Private Partnership (PPP) framework. This...more

Brexit: Three key points for the infrastructure sector

by Dentons on

With recent falls in the value of sterling causing price rises for some imported materials, the UK's infrastructure market is already seeing the impact of one generic issue that affects most domestic businesses. Depending on...more

New Hampshire Enacts P3 Legislation

by Ballard Spahr LLP on

New Hampshire has joined a growing number of jurisdictions in the United States that have enacted legislation enabling public-private partnerships (P3) for transportation infrastructure projects. According to Governor Maggie...more

Maryland Purple Line Concessionaire Achieves Financial Close – Time to Build!

by Nossaman LLP on

Financing for the Maryland Purple Line closed on Friday, June 17 – marking an important milestone for the Maryland Transit Administration’s (and Maryland Department of Transportation’s) plan to deliver a transit solution to...more

Miami-Dade County Takes P3 Reform Further After Florida Passes New P3 Legislation

After months in several Florida House and Senate committees, the State Legislature finally passed two related bills that were both signed by the Governor at the end of April. Importantly, the first bill, SB 124, establishes...more

Why less means more for PPPs & data – Keys to collecting the right information in Canada

by Dentons on

PPP projects have the potential to generate huge amounts of data. In the context of a tolled highway project, for instance, a PPP contract may require the private operator to collect, in real time, information regarding...more

U.S. P3 Market is Ripe for Growth

With an aging infrastructure and government budgetary shortfalls, the public private partnership (“P3”) has evolved from novel, to an ever more viable option in order to finance civic projects. The larger and more complex the...more

President’s Trip to Cuba Accompanied by Expanded Treasury and Commerce Regulations

by King & Spalding on

On March 20, President Obama arrived in Cuba for an historic visit, marking a significant step in the Obama Administration’s efforts to normalize relations, a process that began in December 2014. The Administration has stated...more

A “FAIR” Chance for Infrastructure P3s in Obama Administration’s Final Budget Request - President Unveils Financing America’s...

by K&L Gates LLP on

In his final State of the Union address, President Obama acknowledged that “because it’s an election season, expectations for what we will achieve this year are low.” However, the Administration’s Fiscal Year 2017 budget...more

Momentum, funding and one voice

by DLA Piper on

These are the requirements for the Northern Powerhouse if it is to achieve the so-called "economic dynamism not seen in Britain since the Industrial Revolution."...more

Infrastructure Investors: Is Your State Aiding You?

by Latham & Watkins LLP on

Investment in the infrastructure that keeps Europe running smoothly continues to be a big theme in European private equity. In every sector, from energy to sport, from transport to broadband, governments are increasingly...more

Public-Private Partnerships and Pay-to-Play in New Jersey: “P3s and P2P in the Garden State”

by Genova Burns LLC on

Public-Private Partnerships (commonly known as “P3s”) are very popular across the country, including the recently announced renovations at LaGuardia Airport as one example. P3s are also gaining significant attention here in...more

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