Public-Private Partnerships (P3)
Public-private partnerships allow greater participation by the private sector (WGI) in the delivery of public infrastructure like highways and water systems, or public buildings like hospitals and schools.
The P3 delivery method will typically feature a profit-motive for the private sector team members which allows the financing and construction of improvements which would otherwise be difficult to fund in the absence the P3 partnership.
The United States Department of Transportation encourages the consideration of P3’s in the delivery of highway and transportation infrastructure with the desired goal of adding innovation, efficiency, and financial capital to achieve the building objectives of state and local governments.
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