PPP

The Year Ahead at Bowne AE&T Group – Sidney Bowne – Public Private Partnerships (PPPs)

As government nationwide struggles at every level to construct and maintain infrastructure vital to our economy, securing funding continues to be a major problem.  PPPs have been utilized to deliver projects that would normally be taxpayer funded. President Trump has spoken of PPPs as a means to address the need for infrastructure work. In NYS this would require changes in laws regarding the finance and procurement for public projects, which will certainly be challenging as NY’s procurement laws are among the most restrictive in the country.  If changed, which private entities would be interested in participating in the funding? Candidates might include municipal pension funds, trade union pension funds or investment groups.