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House Eyes Eliminating Preferential Tax Treatment for PABs

House Republicans have proposed adding a provision to a tax reform bill that would eliminate the tax exemption on interest on private activity bonds (PAB) for all new projects after 2017, effectively wiping out a key incentive to use them. Congressional estimates indicate that the measure, Sec. 3601 of the bill, which was introduced Nov. 1, would increase revenue by $39 billion through the next decade, according to the House …Read More

P3 Digest, October 17, 2017

Maryland Governor Announces Ambitious Three-Highway Expansion Maryland Gov. Larry Hogan announced plans to widen three of the state’s most congested roadways in what he called the largest set of P3 highway projects in North America. The governor’s $9 billion “Traffic Relief Plan” would add four toll lanes to Maryland’s portion of Interstate 495, also known as the Capital Beltway, and Interstate 270 from the Beltway to Frederick, according to the …Read More

P3 Digest, August 9, 2017

NCPPP Announces Winners of 2017 National Public-Private Partnership Awards Exemplary Projects and Visionary Leaders Recognized for Achievements WASHINGTON, DC (August 9, 2017) — The National Council for Public-Private Partnerships (NCPPP) is proud to announce the winners of the 2017 National Public-Private Partnership Awards.  As the leading organization in the field, NCPPP annually recognizes exemplary projects and visionary leaders in public-private partnerships (P3s). “NCPPP recognizes those organizations and individuals that advance …Read More

P3 Digest: July 5, 2017

Revisions to Federal Transportation Project Grant Program Encourages Use of P3s A federal grant program that provides funding for freight and highway projects throughout the country has been revised to support projects that use funding from the private sector or other nonfederal sources. The Fostering Advancements in Shipping and Transportation for the Long-Term Achievement of National Efficiencies (FASTLANE) program has been renamed the Infrastructure for Rebuilding American (INFRA) program, the …Read More

P3 Digest: June 15, 2017

Former GSA Head Reiterates Urgency for Scoring Reform Restrictive budgetary rules that make it difficult for the federal government to negotiate real estate leases need to be changed to allow more of these types of leases to be negotiated through P3s, argued Daniel Tangherlini, a former head of the U.S. General Services Administration in a June 8 op-ed for GovExec.com. Federal scoring makes such projects very expensive for agencies to …Read More

P3 Digest: May 23, 2017

White House Pushes to Leverage Private Sector for Infrastructure Change As part of its budget rollout this morning, the White House identified public-private partnerships as a key principle to advance its infrastructure initiative. “The private sector can provide valuable benefits for the delivery of infrastructure, through better procurement methods, market discipline, and a long-term focus on maintaining assets,” according to an Office of Management & Budget (OMB) fact sheet. “While …Read More

P3Connect 2017: Call for Session Proposals

In the coming days, NCPPP will be announcing the exciting details for this year’s annual conference, P3Connect 2017. As always, this event will take a critical look at today’s emerging and key issues in the public-private partnerships field. NCPPP is looking for your input on sessions you would like to organize on topics such as: project trends in transportation, water, social infrastructure and other sectors; tools for effective development of …Read More

NCPPP Lauds Pioneers of P3 Transportation Infrastructure

The National Council for Public-Private Partnerships (NCPPP), the leading association in the field, is proud to announce its inaugural list of the Top 10 P3 Transportation Infrastructure Pioneers. “Public-private partnerships are as much about the people driving the projects as they are about the projects themselves,” said Executive Director Todd Herberghs. “It takes tenacity, creativity and will to incorporate this alternative project delivery method into the traditional financing and procurement …Read More

P3 Digest: April 18, 2017

Bureau of Reclamation Exploring P3 Opportunities The Bureau of Reclamation — an agency within the U.S. Department of the Interior — is interested in exploring ways to use P3s to meet its pressing infrastructure needs. To this end, the bureau is expected to issue a request for information (RFI) this month to discuss ways the agency can work with the private sector to identify alternative finance and delivery models. In …Read More

Trump Budget Blueprint Mum on Major Infrastructure Plans

The Trump administration’s 2018 budget proposal would make significant cuts in the budgets of three agencies that may be expected to help carry out the president’s ambitious infrastructure repair and modernization plans. What isn’t included in the budget blueprint are details about the president’s often-touted $1 trillion infrastructure renewal plan. “[T]he President has emphasized that one of his top priorities is modernizing the outdated infrastructure that the American public depends …Read More