The 30 Crossing Project has a contract price of approximately $632,000,000, but plaintiffs have filed a complaint in a Pulaski County Court, claiming most of the funds cannot be used because such funds are only for construction and improvements to 4-lane highways in Arkansas. Whether you are a construction attorney in Arkansas or a design…
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Arkansas Construction Lawyer Presenting P3 Webinar with the Design-Build Institute of America (DBIA)
Public-Private Partnerships (P3s) will have a major impact on the project finance, revenue bond, engineering, and construction sectors of the economy in Arkansas. I am an Arkansas construction attorney with P3 project transaction experience, and I will be presenting an overview of Arkansas P3s in a DBIA webinar next month. If you are interested, you…
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CONSTRUCTION CONTRACTS IN ARKANSAS – PART I
Construction Contracts in Arkansas – Part I* Construction is the single largest production sector in the United States economy, and construction related jobs account for 10% of employment in America. The transactions underlying the construction industry, therefore, certainly require attention. This article – Parts 1, 2, and 3 – discusses construction law as it relates…
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Arkansas Public-Private Partnerships Part 2: History of Public-Private Partnerships (P3s)
HISTORY PUBLIC-PRIVATE PARTNERSHIPS IN ARKANSAS AND ABROAD It should be remembered that private investment in American infrastructure in partnership with a government is not a new thing in Arkansas or any other state. Throughout the 1800s, in fact, federal and state governments granted lands to railroad companies in exchange for the railroad companies to finance,…
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