State and regional transportation agencies will turn increasingly to public-private partnerships as a financing mechanism for highway, bridge, and transit projects as federal grants grow less certain in the near future, and as Congress searches for stable funding for the long-term, market participants and officials said this week at a P3 conference here.

Turmoil on Wall Street permeated the discussions on P3s by panelists who came from all sides of public-private partnerships, including Lehman Brothers, the Carlyle Group, federal and state transportation officials, and construction firms from several states and foreign countries.

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