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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A US Infrastructure Bank and Arkansas Public-Private Partnerships (P3s and PPPs)
Arkansas Public-Private Partnerships and a new US Infrastructure Bank Although revenue bonds and public-private partnerships (P3s) are valuable tools for financing infrastructure projects in Arkansas, a U.S. Infrastructure Bank could also help projects move forward. As a project finance attorney and construction lawyer in Arkansas, I assure that many borderline bankable projects fall by the…
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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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Arkansas Public-Private Partnerships Part 1: Public-Private Partnership (P3) Overview
ARKANSAS PUBLIC-PRIVATE PARTNERSHIPS AND GENERAL P3 OVERVIEW In Arkansas and other states, a Public-Private Partnership (P3) project is a design and construction project delivery method for a public project, and it encompasses operation, maintenance, and financing. Though public-private partnerships offer an alternative to fund and finance infrastructure projects, it has no relationship to municipal bonds…
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