Public-Private Partnerships: Successes, Failures and Plans for the Future

Published in The International Who's Who of Construction Lawyers

As economic stressors around the world continue to plague the financial marketplace in general, and the construction industry in particular, the need for building, renovating and replacing critical infrastructure continues to grow in the United States, the United Kingdom and elsewhere. To address these needs, construction markets and industry participants must generate funds from all viable sources to build necessary infrastructure. In this climate, public entities will continue to explore and enhance programs for the financing and delivery of appropriate projects through public-private partnerships (PPPs).