Bill introduced in the USA to establish a P3 pilot program for public buildings
U.S. Representatives Greg Pence and Mark Meadows introduced legislation to provide the General Services Administration (GSA) with the flexibility to pilot the use of public-private partnerships.
Currently, GSA has a backlog of construction and major renovation projects. Due to budgetary scoring rules, GSA may only use direct federal construction or operating leases with no right to ownership. Phe Public Private Partnerships for Prosperity (P4) Act of 2019, directs GSA to identify 5-10 eligible projects to acquire public buildings using public-private partnerships. With this additional tool, GSA has the potential to save billions of taxpayer dollars.
Country updates
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October 10, 2019
RFQ for major airport concession in the USA
The City of St Louis in Missouri has launched a request for qualification (RFQ) for the concession of the St. Louis Lambert International Airport under the public-private partnership (PPP) scheme...
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October 07, 2019
Barings, Alaska Permanent Fund Corporation launches Alaska Future Fund
The Alaska Permanent Fund Corporation, a state-owned corporation that manages the assets of the Alaska Permanent Fund on behalf of current and future generations of Alaskans, and Barings, one of...
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October 04, 2019
RFP for rapid transit system development in USA
The Miami-Dade County in Florida has issued a request for proposal (RFP) for the development of the Beach Corridor Trunk Line rapid transit system project.
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October 04, 2019
Washington State Investment Board, GIP invest in Propeller Airports' Paine Field Passenger Terminal
Paine Field developer and operator, Propeller Airports, has announced that Global Infrastructure Partners (GIP), a leading, independent global infrastructure investment firm that currently owns major...
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October 04, 2019
New York launches RFEOI for East River Swim Facility
The New York City Economic Development Corporation (NYCEDC), on behalf of the City of New York, has issued Request for Expressions of Interest (RFEI), looking for entities interested in developing, in...
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