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18 May 2016

Canberra Metro consortium signed concession contract for Canberra Light Rail PPP Project

Canberra Metro PC Pty Ltd has signed a contract with the Australian Capital Territory Government for a concession to undertake Light Rail Transit (LRT) operations in Canberra under a PPP scheme. Camberra Metro consortium had been designated as the preferred bidder for the delivery of the light rail PPP project

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18 May 2016

FEDERAL AGENCY P3 FINANCIAL DISCLOSURE REQUIREMENTS RELEASED BY FASAB

The Federal Accounting Standards Advisory Board (FASAB) brought out Statement of Federal Financial Accounting Standards (SFFAS) 49, “Public-Private Partnerships: Disclosure Requirements,” on April 27. FASAB is a federal advisory committee that develops generally accepted accounting principles for federal agencies. The requirements will affect reporting periods beginning Oct. 1, 2018, but

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17 May 2016

USDA gets involved in PPP to reinforce Local Food Systems

The U.S. Department of Agriculture and fifteen philanthropic organizations have announced a unique Public Private partnership to reinforce the supply chain for locally produced food in Ten U.S. Cities and regions. With $2 million from philanthropic partners and $850,000 in federal funding, the Food LINC project will work to fortify

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17 May 2016

Financial close declared for Republic of Ireland’s N25 New Ross Bypass PPP project

Republic of Ireland’s €230 million N25 New Ross Bypass public-private partnership (PPP) project in County Wexford has achieved financial close. Mott MacDonald is technical advisor on the public-private partnership, awarded by the National Roads Authority, otherwise known as Transport Infrastructure Ireland. BAM Ireland and Dragados, a construction division of ACS

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17 May 2016

Healthbox been nominated as a semifinalist in GIST competition

Leyla Taghizade and her project Healthbox has been nominated as a semifinalist in the Global Innovation through Science and Technology (GIST) competition. The GIST Network is a public-private partnership made by the U.S. Department of State to give science and technology entrepreneurs access to needed resources and advice. The Azerbaijani

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17 May 2016

FEDERAL GOVERNMENT TO TAKE UP FLOOD DIVERSION PROJECT THROUGH PPP MODE

The federal government has taken the decision to donate nearly $500 million for a river flood diversion project to protect parts of North Dakota and Minnesota. Through a draft settlement with the Fargo-Moorhead Diversion Authority, the government would pay $479 million to fund the U.S. Army Corps of Engineers’ (USACE)

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16 May 2016

TxDOT and BTG reached financial close for SH-288 toll road PPP project

The partnership between the Texas Department of Transportation (TxDOT) and the Blueridge Transportation Group (BTG) has reached financial close on the SH-288 highway Public Private partnership project in Texas, USA on 9th May. The total project investment is assessed at US$825 million. Project financing comprises US$272.6 million of senior private

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16 May 2016

D4 Pribram-Pisek highway to be built under PPP mode

The Czech Republic is trying to cut construction costs for a 32km stretch of the D4 Pribram-Pisek highway between Milin and Mirotice. The route will be built under public-private partnership (PPP) model with the concession lasting for 25 year. The total investment in the project is some €919.92 million. The

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