P3 Archives - Government Market News

PennDOT opens unsolicited P3 proposal window for transportation initiatives

This P3 submission window will allow for private entities to present innovative solutions for a range of transportation models, including roads, bridges, rail, aviation and ports.

Adam Rollins

Texas city seeks P3 partners for new City Hall complex

City issues RFQ for financial advisory services to develop a financially feasible and realistic vision for revitalizing area

Miles Smith

Louisiana revives public-private partnership to build $2.1 billion I-10 bridge

Agreement to build $2.1 billion structure and adjacent infrastructure revives project, which lawmakers rejected last year

Gracie Warhurst

Port NOLA to receive $226 million grant for container terminal

Facility would occupy 400 acres, strategically located near rail and road networks, to host the container terminal and surrounding infrastructure

Government Market News Staff

Washington allocates $312.6 million for housing projects to combat homelessness

Majority of funds – $274 million – will support 48 projects that will create 3,443 multifamily and rental housing units

Amy Denney

University of Michigan seeks developer for hotel, conference center through P3

Developer would be responsible for funding and constructing the project as well as maintaining and operating the completed center through a ground lease with the university

Amy Denney

Corps of Engineers seeks water projects for public-private partnership program

P3 pilot program is another funding mechanism to accelerate projects that improve waterways and ports, including projects that would reduce flood damage and improve ecosystems. Corps is seeking applications for up to seven additional projects.

Government Market News Staff

USDA makes $5 billion available to bolster rural communities

The federal government today announced it is making $5 billion available to help advance rural prosperity, expand economic development and provide increased sustainability of land and crops.

Government Market News Staff

Louisiana shoots down P3 plan for I-10 bridge replacement

Decision will likely force the state to construct the bridge at a higher cost and in piecemeal fashion over the next three decades.

Mary Scott Nabers

A P3 project near you soon? Chances are good in 2024!

Every jurisdiction has benefitted significantly over the last few years from a historic amount of federal funding that Congress made available for infrastructure projects. Unfortunately, that funding has an expiration date. The funds will disappear over the next few years and it

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