University Health System has more than $50 million in capital projects in the pipeline, and almost all of them will involve some collaboration with private-sector companies. Read the full article (subscription required)
Pittsburgh and Columbus, Ohio, will be the first stops on U.S. Transportation Secretary Anthony Foxx’s seven-city tour next week as he visits with officials of the finalist cities in the U.S. Department of Transportation (USDOT) Smart City Challenge. The Smart City Challenge is a competition that seeks innovative proposals for using new technologies to solve […]
There is a critical need for highly-skilled technology workers in this country. However, collaborative efforts between public sector educators and private sector employers are resulting in major initiatives to meet the demand.
Transit development projects are gaining steam in the United States. And public-private partnerships are becoming the financial tool of choice for many of these projects as government entities seek an infusion of private capital for important projects.
Construction activity in Austin and Central Texas will contribute to what looks to be another banner year for public-sector spending in 2016. Construction spending nationwide for 2015 reached the highest level since the national financial crisis in 2007, and public sector construction figures rose to $1.097 trillion throughout the country. Government contracts for construction projects will available in areas from public and higher education to water and public housing.
Social impact bonds are becoming yet another type of public-private partnership emerging in this country. These “pay for success” contracts are used as coalitions to outsource social programs, with the private partner paid for achieving successful outcomes. They can address issues such as homelessness, prisoner recidivism, community health, etc.
Mary Scott Nabers will be featured with two other P3 experts in a panel discussion at the upcoming annual Public-Private Conference and Expo (P3C). The P3C is being held March 7-9, 2016, in Dallas.