Preparing for a P3 Procurement
Tricia de la Peña, Ed Kussy and Nancy Smith presented "Preparing for a P3 Procurement," a webinar on key issues that arise at the pre-procurement stage of a surface transportation project, on June 24, 2019. These issues include P3 feasibility analysis; selection of advisors; addressing organizational conflicts of interest; market sounding; federal support; and local stakeholder support.
This was the second webinar in a series hosted by the U.S. Department of Transportation's (USDOT) Federal Highway Administration’s (FHWA) Center for Innovative Finance Support introducing the Public-Private Partnership (P3) Procurement Guide. The Build America Bureau, in cooperation with the FHWA and the Federal Transit Administration (FTA), released the Guide, which discusses procedures and issues in procuring a private sector partner to deliver, operate, and maintain a surface transportation project. The Guide is the latest addition to the Department of Transportation’s "P3 Toolkit" of fact sheets, primers, guides, and analytical tools for Federal, State, and local policy makers, legislative, and executive staff, and transportation professionals.