The second public school facility P3 in US history reached commercial close in July. It was procured by the same school district that procured the first one: Prince George’s County Public Schools (PGCPS). The two P3s are Phase I and Phase II of PGCPS’s Blueprint Schools program, which was created to use alternative procurement to address the school district’s $8.5 billion deferred maintenance backlog. The P3s design, build, finance, and maintain bundles of new elementary and middle school buildings across the district.
The $800 million Phase II P3 will deliver eight elementary schools across the district, demolish some existing school facilities, and then maintain the new schools over a 30-year concession. The schools will be delivered in three phases, with deliveries planned for Summer 2026, 2027 and 2028.
