Governments at all levels, encounter challenges related to construction and financing of public infrastructure. Budgetary limitations, deferred maintenance, repair and a growing population have resulted in questions of how to best address our basic infrastructure needs.
An increasingly more sought out option is Public-Private Partnerships (P3s). P3s are contractual agreements between public and private sector entities that allow completion of a service or facility for public use.
Rather than funding public projects, many governmental agencies have chosen to increase revenues, defer spending, reduce the risks and negotiate financing costs by partnering with the private sector.
ADEPT can facilitate your team by identifying design, construction and financing partners as well as engage community small and minority businesses who bring critical understanding of the local landscape.
ADEPT's Team can assist the P3 process from inception into planning, design and construction through operation and maintenance.