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University of Iowa Selects Team for Art Museum P3

University of Iowa has selected the team of H+H Development Group and Mortenson Inc. to construct a new building for the University of Iowa Museum of Art in Iowa City. The museum, formerly located on the banks of the Iowa River, closed after extensive flooding in 2008 caused $4 million

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P3s Needed to Reduce Traffic Congestion, Says L.A. Mayor

Los Angles Mayor Eric Garcetti is calling on government to pursue P3s to take advantage of private sector capital to solve transportation problems such as congestion. Pension funds and other institutional investors are looking for investment opportunities, according to Garcetti, who spoke at the “America Answers” discussion on fixing issues

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FEATURED RESOURCES

Virgin Islands Energy Alliance Program Case Study

In the late 2000s, the United States Virgin Islands were in need of a way to cut their energy demand. Located in an area that requires air conditioning and de-humidification year round, the energy needs put a strain on the daily electrical load of the power grid. With rising oil prices and an entirely oil based generation system, the Government decided to pass the Virgin Islands Renewable and Alternative Energy Act of 2009 to stimulate the growth of renewable energy projects and the implementation of conservation measures… Read More

Zero-Energy Homes Case Study

The Department of Defense considers itself a pioneer in terms of developing and utilizing innovative technology in the government. This does not stop short of their private housing facilities on military bases throughout the United States. What began as a vision to pursue sustainability initiatives in late 2007 turned in to the first zero energy homes to be built on a military installation… Read More

Cambridge Energy Alliance Case Study

In an effort to promote, design and implement energy efficiency and clean energy initiatives, the City of Cambridge, Massachusetts, partnered with non-profits and private companies to develop the Cambridge Energy Alliance (CEA). CEA is a city-sponsored non-profit operating company made up of the City of Cambridge; Cambridge Health Alliance; Clean Energy Solutions, Inc.; Peregrine Energy Group; and the Henry P. Kendall Foundation. An investment of $100 million over the first ten years of the program will be directed toward energy investment measures in buildings throughout the City. Eighty percent of the funding will be secured through private donations, coordinated by Bostonia Partners, LLC, and the remaining 20 percent will come from state- and regionally-financed efficiency incentives available to CEA… Read More

TESTIMONIALS next prev

  • We need a set of alternative tools in the toolbox for state and local governments, other than the rigid requirements of the competitive sealed bid process. That process requires the agency to define its needs up front, which isn't always easy to do, and then submit as a solicitation for bids. With the two PPP bills, it allows an alternative of allowing unsolicited proposals. What this does is allow the creativity and ingenuity of the private sector to come forward."

    WALTER A. STOSCH, U.S. Senator, Va.

  • A partnership by definition involves two or more parties committed to a common task, sharing risk and yielding a reward to all the partners. The service goals need to be achieved more efficiently together than alone. And successful public-private partnerships enable both parties to do what they do best to achieve a common goal. In the end, it is as much about open honest communication as it is about money."

    EUGENE A. SCHILLER, Deputy Executive Director, Southwest Florida Water Management District

  • I have to be very positive about the future of PPPs. I don't think there's a panacea, I don't think there's a pot of gold, but I think there is a tremendous amount to be gained by government going through this process."

    GEORGE SPADORO, Mayor, Edison, N.J.

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