WASHINGTON — Public-private partnerships could reach new heights of popularity in the coming year thanks to legislative developments and increased understanding of the advantages they can provide, market participants and industry experts predict.

P3s, a long-time funding mechanism overseas but less common in the U.S. until the last decade, are poised to obtain new financing mechanisms under the 113th Congress and are gaining increasing acceptance as a means of paying for roads, bridges, and other revenue-producing public infrastructure.

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