Structuring a Public Private Partnership

Bigger is better-at least it may be in teaming to pursue an infrastructure PPP. Submitting a PPP (solicited or unsolicited) requires a substantial up-front investment as well as potentially cumbersome bonding requirements. The need for initial capital may be difficult to obtain for smaller construction firms or developers, for architects and for engineers. Smaller firms and design/ engineering firms may be not be positioned, capitalized or have the relevant expertise to lead PPPs but could be integral components of the team with strong local connections.

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