Conventional procurements typically require the public sector to provide significant upfront capital even though the benefits of the project may be delayed or uncertain. Most forms of PPP enable the public sector to spread the public's cost of infrastructure investment over the lifetime of the asset, much as homeowners do when they take out home mortgages. As a result, infrastructure projects can be brought forward by years, allowing users to benefit from the investment much sooner than is typical under pay-as-you-go financing. For example, the creative financing approach used for the Virginia Pocahontas Parkway PPP project eliminated what might have been a 15-year delay in construction while financing was assembled.22 In many cases, the private contractor also has a strong incentive to complete the project as quickly as possible because it needs the stream of revenues to repay the capital costs.