public private partnership exam questions

if you’re short on budget, staff, time — or all three — a public-private partnership (p3) may be the tool you need to build your next facility. a p3 is a commonly used project delivery method involving the use of a private company to deliver a public facility. a p3 is structured to provide the public sector client with more flexible terms and less risk than more traditional project delivery methods. p3s are used to deliver a wide range of public facilities, public buildings and public infrastructure projects. in fact, 36 states have enacted laws enabling and supporting public-private partnerships. a p3 must be established properly and is generally considered a real estate transaction.

design-build and construction management services are creative project delivery methods used primarily for the design and construction of capital improvements. a p3 is not a construction delivery process, it is a contractual arrangement between a public agency and a private sector entity that often includes the design, construction and financing of a public facility. steve peterson is president of seh design|build, inc., a company dedicated to connecting clients to alternative project delivery solutions that work. explore open positions, our culture and what “100% employee-owned” means for your career. browse our library of ebooks, case studies, infographics and more. engineers | architects | planners | scientists building a better world for all of us® 800.325.2055 ©2019 short elliott hendrickson inc.

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