Corey Boock is a nationally recognized leader in the field of public-private partnerships (PPPs). He has experience structuring, procuring, financing, and negotiating cutting edge PPPs to develop infrastructure projects in several different industries, including transportation, water/wastewater, solid waste, and freight rail. He has developed greenfield and brownfield PPPs, using concession/franchises, design-build-finance-operate, design-build-operate-maintain, and other alternative project delivery and innovative finance methods on billions of dollars in projects. Corey not only helps public agencies implement projects, he has particular expertise in advising agencies in developing PPP programs from the outset, where he has assisted agencies assess legislative frameworks and constraints, develop program guidelines and policies, create and implement PPP project screening and feasibility studies, create consultant conflict of interest policies focused on PPP programs, and organize and structure master project delivery schedules prioritizing and logically delivering multiple PPP projects.
Corey is frequently asked to speak at key industry conferences, and his professional excellence has been recognized by his peers, who named him a Southern California "Super Lawyer" for Transportation/Maritime law for three consecutive years.
Representative Work
Nevada Department of Transportation – PPP Program. Corey is serving as legal advisor to NDOT on the Pioneer Program, its PPP program, which is currently in a start-up phase. Corey is advising on project/program legislation, project screening and procurement strategy, structure, and implementation. Program will include concessions, design-build, construction-manager-at risk, unsolicited proposals and other alternative delivery and innovative finance methods.
Arizona Department of Transportation – PPP Program. Corey is serving as co-lead attorney advising ADOT as it develops a PPP program covering new toll facilities, managed lanes, transit and other transportation facilities (including rest areas and solar). Scope of work includes initial project screening and feasibility assessments and implementation of procurements for projects that prove feasible.
State of Alaska, Department of Law/Knik Arm Bridge and Toll Authority ("KABATA") - Knik Arm Crossing. Corey is the team co-leader assisting KABATA with the structuring, formation and procurement of a PPP for the Knik Arm Crossing, a $600 million, 2-mile toll bridge, the first PPP transportation project in Alaska.
Riverside County Transportation Commission – Tolling and PPP Program, SR 91 Express Lanes and I-15 HOT Lanes. Corey is advising RCTC on the PPP development, procurement and financing of an extension of the SR 91 Express Lanes (HOT lanes) into Riverside County and new HOT lanes in the median of the I-15 in Riverside County.
Michigan Department of Transportation – New International Trade Crossing/PPP Program. Corey is serving as legal advisor to MDOT as it seeks passage of PPP legislation and initiation of a PPP program, including the PPP concession of the New International Trade Crossing ("NITC"), a new international bridge crossing between Detroit and Windsor, Canada. Other projects under consideration include an array of managed lane projects. Scope of work has included drafting key elements of the legislation, providing testimony before both legislative houses and participating in briefings of legislators and involvement in discussions of potential PPP structures and governance of the NITC project.
"Bridge Project" (confidential project/client). Corey served as legal advisor to an investor, performing project due diligence and negotiating engineering, procurement and construction (EPC), operations and maintenance and toll systems installation and customer service agreements for a replacement toll bridge structure along the East Coast. Financial closing occurred in October 2010.
San Bernardino Associated Governments – Tolling and PPP Program. Corey advised SANBAG on the feasibility analysis and potential development, procurement and financing of managed lanes projects along the primary highway corridors within San Bernardino County, including the I-10, I-15 and SR-210.
High Desert Corridor Joint Powers Authority – High Desert Corridor. Corey is advising the agency on the development, construction, financing, and procurement of a PPP for a new $4 billion 50-mile highway between Palmdale and Victorville in Southern California. Also assisting the agency, comprised of the Counties of San Bernardino and Los Angeles as well as five local cities, to obtain PPP authority for the project.
Partnerships British Columbia/British Columbia Ministry of Transportation – Sea to Sky Highway Improvement Project. Corey consulted on structuring and implementing a CDN$600 million highway reconstruction and expansion project, including a 25 year concession. Worked with PBC to develop the province's first proposer consultation process that included individual and joint mid-procurement Proposer workshops. Advised on procurement process, the concession agreement and risk allocation.
Texas Department of Transportation – Statewide PPP Program. Corey is part of the team advising on the largest PPP program in U.S. history; structuring procurement and contract documents, negotiating concession agreements, and structuring innovative financing arrangements (including applications to the USDOT's TIFIA credit assistance program and securing the largest TIFIA loan commitment to date) for a pipeline of projects worth more than $8 billion. Projects include: State Highway 130, Segments 1-4, State Highway 45 SE, Statewide Toll Integrator Services, State Highway 130, Segments 5&6, North Tarrant Express (I-820/SH 183), DFW Connector, I-635 Managed Lanes and the I-69/TTC.
Indiana Department of Transportation – I-69 and PPP Program. Corey served as outside legal counsel to INDOT in connection with its assessment of the I-69 project as a potential PPP. Corey drafted major portions of the successful legislation that authorized tolling, toll enforcement and PPP for the project and assisted with the feasibility analyses and structuring of a potential toll project involving I-69 between Indianapolis and Evansville.