With a renewed commitment from both the public and private sectors in "legalizing", and financing infrastructure PPPs, we may be able to chip away at the huge deficit in maintenance we're now facing and undertake new projects.
Private equity has been waiting in the wings. As confidence grows and banks require lower rates of securitization, projects will start moving forward at a greater pace. Brien Desilets of Claret Consulting said he strongly believes that not only is United States equity waiting in the wings, but international as well-just waiting to invest in the safe bet that is American infrastructure.
The more we invest, the faster we're able to pull our economy out of the unprecedented joblessness that has affected the United States since 2008. The public sector can't do it without us; it is time to make our own opportunities. We can foster innovation and new ways of doing things. Sustainability, innovation of products and services are all areas where professional services firms can lead.
Innovative solutions in terms of policy, products, public relations and service delivery are what is required of us now, so let's put our heads together and find some ways to fall in love with infrastructure, make it sexy and worthy of our life-long commitment.
The public-private partnership may just be one of those ways.