On Monday, July 31, Brad Nowak will deliver a presentation titled "The Hidden Risks of P3s: Fiscal Challenges and Opportunities" at the 71st Annual Meeting of the Southern Legislative Conference in Biloxi, Mississippi. See below for the presentation synopsis from the conference's website.
"State and local government interest in pursuing public-private partnerships (P3s) as a financing mechanism for transportation and infrastructure projects has been around for well over a decade and, with the recent promotion of P3s by the federal Administration, interest in them has renewed. While P3s are a useful financial tool, they must be properly structured to ensure that both sides of the partnership benefit. This session examines components of P3s that call for close inspection; successes and shortcomings of recent P3s; advantages that well-structured P3s can provide to state and local governments; and sections of the public sector where P3s have proven their effectiveness."
For more information on the conference, click here.