Feb 28, 2013
Making Public-Private Partnerships Work for Everyone
Public Works Financing
Making Public Private Partnerships Work for Everyone
Often, public private partnerships are synonymous with mega-projects. Toll roads. Massive courthouses. Water projects serving millions. The kind of projects that wouldbring about envy in a New Deal bureaucrat.
Yet as the use of public-private partnerships increases across the U.S., opportunities are emerging for developing smaller projects using this tool. Unlike other countries where infrastructure decisions are driven by national priorities, we have fifty state governments and over 3,500 local governments, each of which plays a role in developing needed infrastructure. Because our government is closer to the people who benefit from, and pay for, that infrastructure, public private partnerships offer an alternative way to allow governing bodies to quickly meet citizen demands.
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