New rule to speed federal regulatory processes could ramp up interest in transportation P3s

A federal Infrastructure Plan still languishes a year and a half after it was touted as coming very soon” by the Trump administration. However, one key segment of the plan got a boost this week from the Federal Transit Administration (FTA). A final rule was issued that agency officials say offers “new, experimental procedures” designed to encourage greater use of public-private partnerships (P3s) and incentivize private investment in public transportation projects.