11 Dec 2018

Noida International Airport to be built on public-private-partnership model

The construction of the Noida International Airport at Jewar will be done on a public-private-partnership (PPP) mode, Uttar Pradesh authorities said on Saturday. A government order has been issued by the Civil Aviation Department after a nod from the state cabinet. At a cabinet meeting held earlier this week, it

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03 Dec 2018

Public-Private Partnership Board approves innovative bridge plan

The Pennsylvania Public-Private Partnership (P3) Board recently approved a bridge bundling Adjusted Bid, Design-Build proposal to reconstruct 15 bridges along two interstates in Luzerne County. An Adjusted Bid-Design Build allows the designer and contractor to collaborate closely. It also allows the Pennsylvania Department of Transportation (PennDOT) to put greater consideration

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30 Nov 2018

Public-private partnership formed to redevelop Champaign’s Bristol Place neighborhood

After years of waiting and negotiating, redevelopment of north Champaign’s Bristol Place is on the horizon, with tenants scheduled to be accepted to the affordable-housing neighborhood in the first part of 2020. “It feels like it’s finally coming to life,” Champaign Neighborhood Program Manager Jennifer Carlson said after a deal

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26 Nov 2018

Public Private Partnership Would Add Student Housing At UNCW

UNCW is taking a different route than it has in the past to add student housing to its campus in the amount of about 1,800 beds. “The university is pursuing the financing and construction of the project through a public-private partnership,” said Miles Lackey, vice chancellor for business affairs at

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20 Nov 2018

NYCHA Plans to Fix 62,000 Apartments Through Public-Private Partnership

Mayor de Blasio says programs are the beginning of a turnaround at New York’s public-housing developments. New York City’s public-housing authority will renovate thousands of affordable apartments during the next 10 years as it expands its participation in a federal program that pushes private partnerships at city-owned developments, Mayor Bill

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02 Nov 2018

US$620 million bond issue to finance highway modernisation P3 project in USA

The Michigan Strategic Fund is planning to issue US$622.2 million Limited Obligation Revenue Bonds to finance the Michigan I-75 Modernization Project. The proceeds of the bonds will be loaned to Oakland Corridor Partners LLC (OCP), a special purpose limited liability company formed to develop and operate the project. OCP is

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29 Oct 2018

Israeli government signs franchise agreement for US$270 million highway PPP

The government of Israel, represented by the Ministry of Finance accountant general department, the Ministry of Transport, and the National Road Safety Authority, has signed a franchise agreement with Shapir Engineering & Industry and Impresa Pizzarotti for the design, financing, construction, operation and maintenance of a new 5km highway in

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12 Oct 2018

Plenary completes US$460 million refinancing of road PPP in Australia

Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia. In 2010, the state government of Victoria contracted the Southern Way consortium to finance, design, construct,

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12 Oct 2018

Tender for US$1 billion road PPP launched in Ecuador

The Government of Ecuador’s Ministry of Transport and Public Works has launched a tender for the design, financing, construction, operation and maintenance of the Guayaquil Southern Viaduct. The total estimated investment of the project is US$1.14 billion. The project spans a total length of 44.2km and is split into four

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10 Oct 2018

Public-Private Partnership Sought To Provide Employee Housing At Acadia National Park

A unique approach to employee housing — a public-private partnership — is being explored at Acadia National Park, where the National Park Service is gauging the interest of private individuals, housing and lodging developers, and other organizations to enter into an agreement to construct and operate housing for seasonal park

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