The Victorian State Government announced on 2 May 2013, significant reforms to its Public Private Partnership (PPP) policy to support infrastructure growth in Victoria (Policy). The Policy is aimed at encouraging private...more
In the wake of the recent recession, a number of states, including Florida, are exploring new and innovative solutions to the problem of insufficient funding for the construction and improvement of public facilities. At the...more
This week, the Obama administration released its proposed budget for the 2014 fiscal year. Notably, the budget encourages private investment in infrastructure projects through various liberalizations of the tax laws relating...more
Legislation encouraging the use of public-private partnerships (P3s) to address Maryland’s growing infrastructure needs has been passed by the General Assembly and signed into law by Governor O’Malley with bipartisan...more
Last Friday, President Obama visited Miami and, speaking at the Port of Miami, detailed his proposals for increased public-infrastructure spending through public-private partnerships. Although the President envisions...more
The global recession was unkind to communities across the United States and around the world. Facing diminished tax bases, frozen capital markets and a reduction in federal and state funding, many local governments shelved...more
President Obama recently announced the Rebuild America Partnership plan (RAPP), a bipartisan effort focused on rebuilding the nation’s aging infrastructure and driving economic growth. Through RAPP, the President proposes to...more
As the 2013 award season heats up for 2012 successes around the world, the juries are increasingly finding the US market hard to ignore. Infrastructure Journal and PPP Bulletin International, the two London-based media...more
This newsletter provides an update on the status of public-private partnerships in the Commonwealth of Massachusetts....more
On March 7, Project Finance Magazine held its annual “Project Finance Americas Deals of the Year” awards dinner in New York City. The awards – which started 14 years ago – are for innovation, deal repeatability, best...more
In prior posts, we have explained that the proliferation of public – private partnerships in recent years has been due, in part, to the financial stresses placed on local governments during that same period of time. The...more
The results of the audit report into Victorian schools announced on 20 February 2013 revealed a AUD420 million maintenance backlog with over 5,000 school buildings identified as falling below the standards set by Department...more
Bryan Kendro, director of the Office of Policy and Public Private Partnerships for the Pennsylvania Department of Transportation (PennDOT), told InfraAmericas that repair of many of the state’s bridges could be structured as...more
A recent article in the PPP Bulletin, “Change we can believe in?”, explains that “PPPs are the new normal” for infrastructure projects in the United States, and public-private partnerships are being relied upon for responses...more
The U.S. energy and infrastructure sectors have undergone dramatic change since 2006, the year of Pillsbury’s first contribution to the Getting the Deal Through publications. Natural gas production and reserves have increased...more
On November 16, 2012, the board of the Indiana Finance Authority (“IFA”), with Governor Daniels in attendance, based on the recommendation of Kendra York, IFA’s Public Finance Director, approved the preliminary selection of...more
Infrastructure development has helped define Canada. Currently, Canadians lead the world’s infrastructure development projects. The infrastructure required for resource development projects such as the oil sands are some of...more
On October 11, Nick Nicholson, Deputy Director and Chief Engineer of the District of Columbia Department of Transportation (DDOT) Infrastructure Project Management Administration, participated in a panel session at the...more
The Federal Highway Administration (FHWA) recently issued guidance for implementing various aspects of the Moving Ahead for Progress in the 21st Century Act (MAP-21), including: Infrastructure; Environment, Planning and...more
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