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Tag Archives: public-private partnerships

Growing Trend: Private Investment in Infrastructure and Transportation

As P3 Bulletin, the New York Times and Richard Cavallaro, the new CEO of  international construction company Skanska’s US operations, have recently stated, the increase in private investment and Public Private Partnerships (PPPs or P3s) bodes well for the plans to develop and implement much needed infrastructure and transportation upgrades around the United States. As… Continue Reading

The Port of Miami Tunnel is Open!

The Port of Miami Tunnel’s opening on Sunday, August 3, 2014 marked a rousing day for Miami. Not just because police cruiser sirens, motorcyclists and tractor trailers inaugurated new, underwater lanes for thousands of vehicles to soon follow, but because it signaled a great accomplishment in the world of public-private partnerships that will benefit Miami… Continue Reading

Infrastructure Investment Through P3s

Last month, a roundtable policy discussion on ways the financial community can invest in infrastructure using public-private partnerships (also known as P3s or PPPs) took place in New York City. The panel, chaired by U.S. Rep. John J. Duncan, highlighted the current need across the U.S. to re-invest in infrastructure, including highways, water infrastructure, airports and… Continue Reading

City of Miami Adopts Public-Private Partnership Ordinance

The City of Miami has recently adopted a public-private partnership (“P3″) ordinance. The new City ordinance, combined with the recently passed Florida state P3 legislation, and Miami-Dade County P3 resolution, continue to endorse the usage of public-private partnership as a procurement method for public projects in South Florida. Such timely legislative activity facilitate the financing of… Continue Reading

Miami-Dade Keeping up with National P3 Trends

As discussed in our last post about national and local developments in public-private partnership (P3) legislation, Florida is keeping up with the P3 trend and Miami-Dade County is not far behind. Miami-Dade’s Citizens Independent Transportation Trust (CITT) has expressed support for exploring P3s as an option for providing much needed transportation solutions to the County…. Continue Reading

P3 Legislation a Hot Topic at the Florida Logistics & Trade Conference

Public-private partnerships (P3s) received significant attention at the 2014 Florida Logistics and Trade Conference.  The overall consensus of the conference’s P3 Panel, which was moderated by Albert Dotson, is that the state of Florida has cultivated a positive climate for P3s to thrive. Florida is prime for new infrastructure development and has established itself as… Continue Reading

Florida’s Revenue System Outlined in New Report

The Leroy Collins Institute has published a report that outlines their view of the state’s revenue system and its potential misuse. The report, entitled “Tougher Choices: Shaping Florida’s Future,” builds on a 2005 Institute report which warned that the state’s revenue system was overly reliant on the booming housing market and influx of construction due… Continue Reading

Miami Light Rail System May Become a Signature P3

Plans of New Passenger Rail Link from Miami-to-Miami Beach On several occasions we have written about transportation public-private partnerships in the Miami area. These have included posts on red-light cameras, passenger rail, UniversityCity at FIU, and other related topics. Several months ago, we discussed the possibility of new public private partnerships for public transportation systems, which have in recent years… Continue Reading

Miami-Dade Mayor Emphasizes the Importance of P3s

During his State of the County Address this week, Miami-Dade Mayor Carlos Gimenez emphasized the importance of following the national trend of increasing public-private partnerships (P3s) to “tackle the urgent challenge of renewing our infrastructure at a pace that matches the county’s growth.” The private sector has reciprocated with much eagerness to partner with Miami-Dade… Continue Reading

$50 Billion in Federal Funds Proposed To Support P3s

The U.S. Senate is currently considering legislation that would establish the “American Infrastructure Fund,” a $50 billion fund that would help finance public-private partnerships (P3s) infrastructure projects prioritized by state and local governments.  The fund would also prioritize social infrastructure P3 projects, such as hospitals and schools, which have thus far lagged behind transportation infrastructure… Continue Reading

More Transportation P3s on the Horizon in South Florida and Nationally

We have written frequently about the potential for new transportation-related public-private partnerships (P3s). Recent posts on the topic have discussed Amtrak, UniversityCity at FIU, and PortMiami, among other area transportation-related P3s. Increase in Transportation P3s in 2014 A recent report reflects that these examples are part of a much larger national trend. The Fitch Ratings… Continue Reading

Amtrak, Public-Private Partnerships, and the Future of Passenger Rail

A recent article published in the Miami Herald reflects growing support to form a public-private partnership (P3) to save the national passenger rail system.  To some, this statement may sound puzzling, as the national passenger rail system has been controlled by Amtrak, a public-private entity, since 1971.  Amtrak, however, is not a public-private partnership, and… Continue Reading

Opportunities for Public-Private Partnerships Continue to Expand

We have on several occasions discussed the major infrastructure projects currently under construction at PortMiami, and how the port is a prime location for public-private partnerships (P3s) in the coming years. Seaport To Play Key Role in Miami’s Economy Last week, RCA Miami hosted a conference that included a presentation by Kevin Lynskey from PortMiami… Continue Reading

Thank you for tuning in to P3 Discussion on WLRN’s ‘Topical Currents’

Yesterday I had the pleasure of participating in a lively discussion on Public-Private Partnerships on WLRN’s radio show, Topical Currents, hosted by Joseph Cooper. Joining me as panelists were City of Miami District 2 Commissioner Marc Sarnoff, and Miami Science Museum President & CEO Gillian Thomas. For those of you who missed it, the recording… Continue Reading

‘Topical Currents’ WLRN Radio Show To Feature Public-Private Partnerships

On Tuesday, August 20, I will join my fellow community leaders, City of Miami District 2 Commissioner Marc Sarnoff and Miami Science Museum President & CEO Gillian Thomas as a guest on WLRN’s popular radio show, Topical Currents, for a discussion on public-private partnerships (P3s). The program will air live on WLRN 91.3 FM from… Continue Reading

Public-Private Partnerships in Unlikely Places

P3s Help Expedite Infrastructure Projects We have recently written about P3s being used in South Florida to construct large-scale public facilities on an expedited basis and at a reduced cost to the public.  Examples include the Miami Beach Convention Center and the PortMiami Tunnel. In many ways, these projects, as immense as they are, represent the low-hanging… Continue Reading

New SEC Rule Allows General Solicitation of Investors in Private Placement Offerings

A recent series of changes to Florida’s business laws and regulations are focused on creating and maintaining a competitive commercial climate for Florida companies, positioning the state as a business-friendly environment. These include the Revised Florida LLC Act that was signed into law last month and new state legislation that positions Florida as an incubator… Continue Reading

New Legislation Facilitates Public-Private Partnerships

Earlier this month, the Florida legislature passed House Bill 85, which establishes statewide authorization and procedures for public-private partnerships.  The law, which will be encoded as Section 287.05712, Florida Statutes, authorizes counties, municipalities, school boards, and other political subdivisions and entities to form public-private partnerships with the private sector to develop, operate, or maintain any facility… Continue Reading

Proposed Florida Public-Private Partnerships Law Continues to Move Through Legislature

We recently wrote about the Florida House and Senate bills regarding public-private partnerships that are currently under consideration.  As a brief update, House Bill 85 was approved on Tuesday by the House Appropriations Committee.  It is next scheduled to be considered by the State Affairs Committee, and from there, it could be considered for adoption… Continue Reading

Alternative Water Supply Needed in South Florida

As groundwater all but disappears in South Florida and the region continues to grow, creating alternative water systems is an urgent issue. A recent Department of Economic Opportunity report calls for a strategy to ensure future adequate water supplies without stunting continued development and construction, but many of the large scale solutions require alternative and… Continue Reading

Public-Private Partnerships in Good Times

In prior posts, we have explained that the proliferation of public – private partnerships in recent years has been due, in part, to the financial stresses placed on local governments during that same period of time.  The logic is straightforward enough.  Local governments rely on public facilities, such as ports and convention centers, to generate revenue. … Continue Reading

Bilzin Sumberg Hosts Inaugural New Miami Breakfast Series

This past week, Bilzin Sumberg hosted its inaugural New Miami Breakfast Series discussion, with a focus on Public-Private Partnerships.  With the benefit of a diverse, expert panel and an engaged (and engaging) audience of business and community leaders we had a productive discussion on the benefits of P3s and their future in our community.  The… Continue Reading

Thank You For Joining Us For Our New Miami Breakfast Series

Thank you for joining us for the inaugural session of the New Miami Breakfast Series. Public-Private Partnerships: Why They Are Growing in Popularity and Their Impact on South Florida The most flexible relationship between the government and a private contractor is a public-private partnership, commonly referred to as a P3, in which government and the… Continue Reading

Public-Private Partnerships, Seaports, and The New Normal

A recent article in the PPP Bulletin, “Change we can believe in?”, explains that “PPPs are the new normal” for infrastructure projects in the United States, and public-private partnerships are being relied upon for responses to Hurricane Sandy, transportation projects, water recycling facilities, airports, and everything in between.  For the same reasons that P3s are… Continue Reading