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Draft Federal Value for Money Guidelines Open for Comment

At long last, the Build America Bureau (BAB) has released draft Value for Money (VfM) analysis guidance that it was required to develop as part of the Bipartisan Infrastructure Law (BIL). The BIL created new requirements for public sponsors to apply VfM studies to new categories of projects, and tasked the BAB to develop new […]

Uinta Basin Rail P3 Goes to (the Supreme) Court

PWF first covered the Uinta Basin rail P3 project because, if it ever happens, it would be the first new freight rail line built in the United States in at least three decades. The proposed 88-mile line in Utah made significant predevelopment progress as a public-private partnership in 2021 and 2022, but it is currently […]

LAX Automated People Mover: Testing Moves to Central Terminal

A new phase of testing has begun for LAX’s long-awaited Automated People Mover, LA’s largest public-private partnership. Although testing began earlier this year, it was far from the airport – and the prying eyes of future passengers – as it ran largely from LAX’s upcoming central rental car facility (ConRAC) and a station at the […]

PWF Book Review ‐ Build: Investing in America’s Infrastructure

Wahba, Sadek. Build: Investing in America’s Infrastructure. Georgetown University Press, 2024. The United States is again emerging from a bitter and divisive election season. Yet the 2024 election was also noteworthy because of just how little infrastructure policy came up as a point of debate on the campaign trail. One of the topics often discussed […]

I‐77 South Express Lanes Project Moving Forward

After several months of deliberation, the Charlotte Regional Transportation Planning Organization (CRTPO) board voted in October to move forward with a P3 procurement for the I-77 South Express Lanes Project. The board vote will enable CRTPO to form a working group with the North Carolina Department of Transportation (NCDOT) to develop  public objectives for the […]

Why U.S. Airport P3s May Finally Happen

The conventional wisdom about airport privatization holds that the US is different from other countries. In one sense that is true. Airports Council International reports that 75% of airline passengers in Europe use privatized airports (as do 66% in Latin America and the Caribbean, and 47% in the Asia-Pacific region). In the US it’s only […]

Hawaii Awards Stadium P3 to Sole Remaining Bid Team

Hawaii has finally, officially selected a predevelopment partner for the massive Aloha Stadium redevelopment and entertainment district P3 planned in central Oahu, called the New Aloha Stadium and Entertainment District (NASED). In October, the state’s Department of Accounting and General Services announced the approval of Aloha Halawa District Partners (AHDP) as preferred offeror for the […]