Dive summary:
- Companies that believe the public sector, especially local governments, are missing a bet by not choosing – or often being allowed – to use public-private partnerships for construction projects have created a nonprofit organization to advance their argument.
- The Association for the Improvement of American Infrastructure will be based in New York and will, its backers say, help governments get the best for transportation, energy, water and social infrastructure construction projects.
- The association hopes it will become the clearinghouse for information on how to form and carry out P3 projects and how legislation can make them possible.
From the article:
"We want to improve the playing field for everyone, not just take certain projects to the finish line. We want deal flow to increase." ...