Public-private partnership

More than two years after COVID derailed three JFK Airport's high-profile terminal deals, the final project is now on track for groundbreaking early next year.

As issuers continue to discover new ways to unlock infrastructure funding, out-of-the box thinking may win the day.

Nixon Peabody attorney Roderick Devlin joins Caitlin Devitt to talk about asset recycling, a niche market in the public-private partnership world. Devlin explains what asset recycling is — and is not — as well as the sector's state of play in the U.S. and where it might be headed. (32 minutes)

Utah's first debt affordability study said while pay-as-you-go funding for capital projects is preferred, an economic downturn could lead to more debt issuance.

The state school in Ypsilanti is responding to declining enrollment with a student housing makeover financed through a public-private partnership.

The operator of the South Terminal said it expects to prove hundreds of millions of dollars in damages caused by the city of Austin's "unlawful actions."

Inadequate public governance drives up the costs of U.S. transit projects, Eno Center for Transportation said in a report.

The public power industry continues to deal with a host of issues from extreme weather events to environmental concerns and rising inflation.

Frasca achieved national prominence as an expert in advising governments on capital development at airports and was one of the earliest proponents of public-private partnerships.

The Skyway sale "proves that sophisticated global investors who can buy assets anywhere view Chicago as a great place to invest," said a spokesperson for Mayor Lori Lightfoot.

Modeled after New York City's Hudson Yards, the plans call for a high-density urban district with a transit terminal and at least 35% affordable housing.

The "after-action" report concluded that the Great Hall project would have been better served with a more traditional finance and contracting approach.

The state's Board of Public Works could vote on the 50-year concession this fall as Gov. Larry Hogan aims to button up the project before he exits office in January.

It's the latest setback for Gov. Larry Hogan's signature project, which he wants locked down before he exits office in January.

The duration of outages has continued to increase, causing backlash for elected officials.

Inflation and material shortages are accelerating the P3 trend of bringing in a private team before price is finalized, which could expose investors to cost-escalation risk.

At the Colorado DOT, Shailen Bhatt oversaw the $1.2 billion I-70 expansion, a public-private partnership that was the state's largest highway project to date.

The new law kills tolling for the Major Bridge program but allows the P3 contract to remain in place.

The firm’s project finance & public finance practice comprises more than 50 attorneys and professional colleagues and is looking to add.

Public private partnerships offer a new financing model for Colorado, which is prohibited from issuing general obligation bonds for state capital needs.