Miami-Dade Mayor Emphasizes The Importance Of P3s

During his State of the County Address this week, Miami-Dade Mayor Carlos Gimenez emphasized the importance of following the national trend of increasing public-private partnerships (P3s) to “tackle the urgent challenge of renewing our infrastructure at a pace that matches the county’s growth.”

The private sector has reciprocated with much eagerness to partner with Miami-Dade County.  In fact, the County received over 30 responses from around the world to put together more than $7 billion worth of projects since the County asked for input from the private sector last November.  The County is already seeking to replace and improve its outdated water and sewer infrastructure with help from the private sector.

This summer, Miami-Dade County also plans to partner with the private sector to build a new water treatment plant in South Miami Heights, to meet the area’s rising water supply needs. P3 relationships will no doubt continue to thrive.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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