P3C Program

Our program will present a series of keynotes, case studies, panels, workshops, and diverse networking opportunities designed for attendees to deepen their understanding on the value proposition of P3s, and the role they can play in the delivery of essential public infrastructure.

Our two and half day agenda has been programmed to help you plan and procure successful P3 initiatives, understand best practices in selecting and negotiating with prospective partners, and take steps to ensure project success.

Over 125 leading practitioners will present their firsthand observations of P3 projects of all sizes in different markets from around the country. We will also offer in-depth roundtable discussions for public sector delegates with interest in discussing specific P3 issues in a more candid and interactive forum.

Attendees with little experience in the development and operation of the P3 model will benefit from our industry experts presenting their knowledge, and valuable insights into market trends crucial for business decisions.

More seasoned professionals will benefit from our incredible networking opportunities, cultivate relationships with project sponsors, and learn new methods to address complex project delivery goals.

The 2018 agenda offers multiple daily breaks, receptions, one-on-one meeting areas, and specific events designed for you to meet with industry professionals, project sponsors/owners, and a chance to reconnect with old colleagues.

With over 1,250 participating delegates, attendees find P3C to be one of the most effective places on their event schedule to cultivate relationships and network with the industry’s most active and influential professionals.

2018 Program Details

Pre-Conference Activities:

P3 101 Questions and Answers Breakfast Discussion

Join industry leaders and AIAI members for breakfast and an interactive conversation specifically tailored to the needs of agencies that are evaluating P3s. This pre-conference session is designed for those beginning to explore P3s and are seeking to better understand where alternative and accelerated project delivery methods can be applicable. Learn about when P3s do and do not make sense, what are the major considerations that need to be made when choosing this route, how can they can save money and time when dealing with capital repairs and deferred maintenance, and what are some of the first steps to make when considering the P3 route.

This session is open to public sector attendees only.

9:00am | Monday, February 26 | To reserve your seat, please rsvp here.

P3 Hits the Highway Tour – Dallas’s LBJ Express

Experience firsthand one of the largest public-private partnership transportation projects in Texas!

The LBJ Express project team will host a limited number of attendees for a free, two-hour bus tour of the $2.7 billion highway reconstruction project along Interstates 635 and 35E and Loop 12, which was completed in September 2015.

Tour participants will get an up-close look at the roadway, including the innovative managed lanes (known as TEXpress Lanes), which utilize real-time data to adjust toll rates to reduce congestion. The tour will also include a stop at the LBJ Express operations center for a look at the technology behind the 13-mile P3 project. Registration is based on first-come, first-served basis.

Click here to learn more.

Monday, February 26 | To reserve a seat, please email:

Bus one: 9:00am    jessica@thep3conference.com

Bus two: 9:30am    jessica@thep3conference.com

Roundtable Discussions

Designed for attendees with government or higher education backgrounds, the conference will host two rooms of roundtable conversations on 10 different P3 topics. Discussions are meant to be open and candid exchanges where public sector attendees can ask questions and share experiences.  Facilitators will guide discussions by presenting case studies, targeted issues, and topics shaping the P3 landscape.

To view government related topics, click here.

To view higher education related topics, click here.

The Future of P3s – Driving Diversity of Participants and Asset ClassesWorkshop

A hybrid workshop / panel organized to discuss and develop deliverables for moving the P3 industry toward a more diverse mix of projects and participants.  The workshop will be broken down into smaller group discussions on each of the topics below and conclude with a list of deliverables that YPI, AIAI, PBBC and other industry participants can act on going forward to deliver a more dynamic, diverse and reliable US P3 market.

Diversity in Asset Classes – Future of U.S. P3s – A discussion on utilizing the P3 procurement methodology for a broader scope of asset classes and how disruptive technology, like automated vehicles, will drive change in the P3 and infrastructure industry.

Diversity in P3 – Lack of diversity is a multifaceted problem in the P3 industry.  A recent study was done which found that the P3 industry lags with respect to representation of women and other visible minorities in positions of authority. There are also issues with lack of diversity among the workforce in P3 projects.  A discussion on what panelists and participants think will be the most likely initiatives (5 or less) to promote diversity within the P3 industry in the near and long term.

2018 Featured Speakers

We’re privileged to count the industry’s key influencers and leaders among our presenters. Over 125 leading industry practitioners will present their firsthand observations of P3 projects from around the country.

Facilitated by some of our industry’s leading experts, participants will be able to ask questions and share experiences on specific case studies, targeted issues, and topics shaping the P3 landscape while meeting other project owners confronting similar challenges.

Click here to see our full speaker lineup.

2018 Agenda Topics:

Pre-award Discussion Themes:

  • Assessing the feasibility of a P3 project – what type of projects are best served?
  • Identifying the merits and risks of P3 delivery structures
  • Defining project requirements and identifying appropriate project delivery models
  • How to score, select, and negotiate with prospective partners
  • Coordinating internal and external stakeholders to optimize P3 delivery
  • Understanding the potential credit impacts P3s can have on rating and debt capacity
  • Where P3 can work and where it shouldn’t
  • Options for small and medium size projects seeking partnerships
  • Communication strategies – how to win local support with successful communication plans.
  • Political considerations for developing and implementing P3 projects
  • The role of a public champion in building P3 partnerships
  • Meeting deferred operation and maintenance challenges
  • How major maintenance, repair and replacement should be considered when evaluating a P3
  • Diversity & inclusion programs for P3 projects

Team Work and Collaboration Discussion Themes:

  • The importance of early engagement with private partners
  • Integration tools and techniques that enhance collaboration
  • Owner roles/responsibilities in executing a P3
  • Risk balance and expectation management
  • Stakeholder management
  • Hidden costs and overlooked risks
  • Pressure points for P3s

Advanced Project Delivery Discussion Themes:

  • Contract administration
  • Risk identification, mitigation, and tradeoff strategies
  • Asset monetization of non-core infrastructure assets using P3s
  • Financing solutions and value propositions under the P3 Model
  • The influence of design within the P3 process
  • Value creation from transferring operations and maintenance
  • Latest innovations and life-cycle efficiencies in P3 delivery
  • State of P3 authorizing legislation
  • P3 and the new Administration – Where are we heading?

Sector Specific Discussion Themes:

  • Higher Education P3s: Discover the benefits beyond financing
  • P3 opportunities in the Airport Sector
  • Social P3s – Structuring the Transaction and Adapting Private Sector Experience
  • Creating and adapting P3s in the water sector
  • Developing and modernizing energy infrastructure assets using a P3 approach

Session Topics You’ll Find in Our 2018 Agenda:

A New Phase for Public-Private Partnerships
As part of the opening session, the executive chairman of one of North America’s leading P3 investors will provide a review of the most notable events that shaped the public-private partnership landscape in the past year; and address some of the major political, policy, and project developments that are likely to define the U.S. P3 experience in 2018.  This will then be followed by a panel conversation that will bring a rich perspective from state and city leaders in infrastructure across the country.   Topics will include an overview of their local infrastructure needs, key drivers for action while considering major challenges, and the potential roles and limitations of P3 in their projects (value proposition, risk, pricing, design innovation etc.).

 

Advancing Public Infrastructure in a Time of Change and Uncertainty
Much of our public infrastructure is nearing the end of its useful life yet we have no coordinated vision or plan for its replacement. And public agencies have struggled to maintain existing assets or plan for their replacement, let alone to make the investments necessary to support future population growth and economic needs. With an estimated infrastructure investment need of over $7 Trillion by 2030, federal, state and local authorities are not only looking for new funding sources, but also for strategies to delivery infrastructure in the timeliest and most cost-effective manner. As discussions of a national infrastructure plan unfold in Washington, many are uncertain about what the future may hold. In this session, JLL’s Jill Jamieson will explore strategies for managing project delivery decisions through these times of uncertainty, as well as discuss the anticipated role that P3 will play for federal, state and local infrastructure across multiple sectors.

 

P3 Leaders Across the US – What Owners Want 
Join a panel of owners for a conversation on P3 and gain insight into P3 procurement from an owners perspective, as they discuss lessons learned and share their experiences as they examine challenges and opportunities  when bringing infrastructure projects to market using alternative project delivery methods.  Panelists will share their views and visions of the future of P3 from the government perspective.

 

Cage Match – Cost of Capital
An often cited assertion when disavowing the use of alternative project delivery methods, including P3s as a procurement model, is that the use of municipal bonds is a cheaper way to procure infrastructure.  Is it really?  Join industry professionals from both sides of the discussion as they work though the notion of whether or not traditional bond financing is cheaper. The gloves are apt to come off in this hotly-debated, engaging and all-important topic as professionals defend their claims on the benefits of traditional bond financing vs. the use of the P3 model.

 

The Importance of Early Market Engagement: Principles and Examples of Good Practice Through a Live Market Sounding
The first step to engaging the private sector starts early in the project implementation stage with market sounding. Market sounding offers a chance to shape the business scheme at a very early stage when this is relatively easy to do. Effective market sounding improves marketability of a partnership opportunity and may significantly reduce procurement time by bringing private sector perspective to the “design” of the business opportunity at hand. This session provides a live market sounding for three prospective project owners who are contemplating the P3 model for their upcoming capital improvement plans. Join a owners and P3 industry experts for a live conversation addressing concerns, issues and conditions required for their P3 transactions.

 

A New Frontier for Developing and Managing Infrastructure
For several decades, the architectural and engineering markets in the United States have enabled the world’s most robust construction markets. Our financial system produces the world’s most efficient markets, and our tax code has fostered a tax-exempt capital market that provides benefits to state and local governments. Yet, significant issues have emerged. How will our nation address significant deferred maintenance backlogs? How will public agencies select and develop technology-enabled infrastructure? What role will data and analytics play? Can government increase speed-to-market for new projects? How will we enhance the sustainability and durability of our infrastructure over time? Can these issues be addressed despite the significant size of public debt? Policy makers are incentivizing public infrastructure managers and private sector market participants to address these questions and move towards lifecycle infrastructure management. As a result, the market for the development and management of infrastructure in the United States has been changing. Join federal, state, university and rating agency leaders, in a discussion about how government is adapting to meet the challenges of the 21st century and move towards lifecycle infrastructure management.

 

New Strategies for Risk Allocation in P3s
The transfer of risk is an important element of a P3, but how much is truly understood about those risks that should be transferred and which should be retained by the owner (and why)? What are the costs of transferring risks in a public works procurement, and what protections are in place for taxpayers to ensure that investments in infrastructure result in as timely and cost-effective manner as possible. Public officials and industry leaders will engage in discussions about projects which highlight the effective transfer of risk, detail cost implications of the processes to deliver much-needed public infrastructure. Discussions will showcase the impacts on the design and construction phases of public works procurements to convey the merits of collaboration in alternative and accelerated project delivery.

 

Could Deferred Maintenance Lead to the next Pension Crisis (Part 2)?
When government entities defer maintenance to manage costs, they mostly do so without understanding the additional burden they are placing on their capital budget in the future. While politically and fiscally expedient in the near-term, deferring maintenance leads to long-term structural inefficiencies that create a drag on the economy. Case in point is perpetually poor grade assigned our nation’s infrastructure by the ASCE. The DBFOM model of procurement, with its long-term performance-based contracts, can help governments maximize their infrastructure investments over the assets lifespan, stabilize revenue volatility (a leading cause of deferred maintenance), and help reverse our national tendency to kick costs down the road. This session will be a frank discussion about measuring: (1) the true cost of deferring maintenance; and (2) the benefits P3s can provide to the wider economy.  This is a follow up discussion to our panel last year. We will discuss progress on our inquiries into the impact of deferring maintenance. We will revisit why deferred maintenance is an important economic issue for local government, discuss the benefits and potential liabilities of tracking and reporting on deferred maintenance, and highlight pertinent research being led by Stanford University on the subject.

 

How to Ask for What You Want: Structuring a Procurement to Get the Results You Need
The RFI/RFQ/RFP process are just some of the steps in achieving a successful procurement for public infrastructure. How can the public sector create a roadmap that gets them where need to be and provides them with the information necessary to help them make the key decisions to protect taxpayer investments? Understanding the risks, capturing the vision and establishing the right organization are key ingredients for a successful public infrastructure procurement. Mastering the procurement process is the secret to effective P3 delivery.

 

Business Imperative of Public-Private Partnerships
Failure to understand and embrace the P3 project financing model may inhibit your firm’s ability to compete for infrastructure and social projects. Before jumping into the market, it is important to be informed. First, recognize what makes the P3 process complex. Second, know the importance of acquiring legal, financial, legislative and political expertise to help identify, evaluate and mitigate the risks. Finally, understand the exposure when risk spills from all participants and its impact on your position within the overall project. A panel of innovative and experienced professionals will discuss lessons learned in helping public and private participants enter and compete, mitigate risks and reduce litigation exposure within this emerging market.

 

Comprehensive Capital: Financing a Successful P3 Deal
The overall success of a public-private partnership project depends heavily on the financing structure.  With a myriad of potential stakeholders in the project, bringing together the moving parts can make or break the project.  Leveraging many federal, state and local programs, projects can be eligible for incentives that can fill funding gaps in the projects overall capital structure.  This panel will describe how the financing of P3 deals comes together including available options, common pitfalls and success stories nationwide.

 

Not a One-Trick Pony: a Trail-Blazing Redevelopment That Bridges the Urban and Rural Divide
The City and County of Denver, Colorado State University (CSU) and the National Western Stock Show recently broke ground on the National Western Center, a 250-acre redevelopment in Denver. This first-of-its-kind investment partnership by a city, a land grant university and a non-profit event operator will create a place for education and research on rural agriculture, animal health, and water solutions in an urban setting and on a global stage. As a land grant university, CSU will continue build upon their mission to advance frontiers of knowledge, social responsibility and economic opportunity. The reimagined National Western Center site will also bring year-round entertainment and agri-business innovation jobs to the heart of a traditionally underserved area…creating a campus, a center and a community like no other. The three partners are actively seeking additional trailblazers to help complete their campus vision. Join leaders from CSU, the City and County of Denver, and the National Western Stock Show as they discuss this unique partnership and future investment opportunities.

 

How We Can Improve the Performance of Our Infrastructure
For several decades, the architectural and engineering markets in the US have enabled the world’s most robust construction markets. Our financial system produces the world’s most efficient markets, and our tax code has fostered the tax-exempt capital market that provides benefits to state and local governments.  Yet, significant issues have emerged. How will our nation address significant deferred maintenance backlogs? How will public agencies take advantage of new technologies that can enhance the public service that our infrastructure is meant to enable? What is infrastructure’s role in addressing challenges posed by climate change? Can we improve the performance of our infrastructure? Can this be accomplished despite the significant size of public debt?  State policy makers are adapting policy to incentivize public infrastructure managers and private sector market participants to address these questions and move towards lifecycle infrastructure management. As a result, the market for the development and management of infrastructure in the United States has been changing.   Join leaders from state government and pension funds in a discussion of how they are adapting to confront the challenges of the 21st century and move towards lifecycle infrastructure management.

 

How Can We Advance Projects and Attract Funding Under the New Federal Infrastructure Plan
This panel will address how owners can advance projects and attract federal funding under the new Federal Infrastructure Plan.  What can owners count on from permitting and environmental reviews?  How can they make projects competitive from a funding perspective?  The panel will include owners, and advisors who can provide insights into the provisions of the new Federal Infrastructure Plan and how this new plan will affect/enhance project viability.

 

Starting from Step One – a Roadmap to a Successful P3
This session will cover it all…from the very first step to a totally completed project. Participants will get expert advice for every stage of the process.  Guidance and advice will come from both private sector contractors and visionary public sector officials who have led successful collaborations with partners.  Panelists will discuss : What questions must be asked to determine if a P3 is the best option? How should funding sources be evaluated?  Why are outside advisors needed?  How should they be selected? What attracts experienced contractors and what scares them away? How are projects consolidated successfully? How is a Community Outreach Plan developed? Who does what? What is required of the political champion? What are ‘Best Practices’? How are contracts written to span decades? What should be done when the project is completed?  This session will build lay a solid foundation for all the great advice participants will receive from future panel experts.

 

New Frontiers in Infrastructure
The infrastructure market will sustain and grow in the airport, road, and bridge market.  It will, with time, pick up in the social space especially in higher education.  Water will open up widely, but it will take time.  The biggest surprises will be the ascendancy of three areas:  rural infrastructure, industrial/science clusters, and technology.  This panel discusses the implications these growth markets will have on the broader Infrastructure space.  It will include new financial and operational models.

 

How to Implement Airport Projects Through a P3
Airport authorities are increasingly looking to the private sector for funding and expertise to upgrade terminals, build transit links and generally bring the travelling experience through US airports up to international standards. A few airport authorities are leading the way with innovative structures that will mobilize private capital to fund infrastructure improvements and improve the customer experience while at the same time retaining overall control and responsibility for their public mandate to provide a safe and efficient environment for the travelling public. This session navigates through the benefits afforded by the different P3 models and discusses the key components that exist in successful airport infrastructure P3s currently underway in the U.S. Join a panel of industry participants as they discuss P3s in the context of the US airport infrastructure market and provide examples of options available to stakeholders to evaluate, plan, and execute a successful P3 airport project.

 

Striking a Balance Between the Carrot and the Stick for Availability Payment P3 Projects
Owners procuring availability payment projects need to weigh the costs and benefits of performance incentives and disincentives when calculating value for money. Recognizing that each project is unique, our panel of experts will explore various mechanisms for ensuring performance outcomes and present case studies for the development of water, transportation and social infrastructure.

 

P3 Considerations in the Early Stages 
The proposed panel discussion will cover a range of considerations that need to be taken into account during the early stages of a P3 project development. These will include assessing the feasibility of a project and what type of projects are best served by P3 delivery.  A large consideration of P3 projects is determining where the funding will come from and how the project will be financed. What would attract the private sector to be engaged and be involved in the project? What are the benefits that would be achieved for the owner? In addition, the panel will examine the merits and risks of P3 structures and how these played out in a selection of P3 projects.

 

P3 Office Best Practices
This panel brings together individuals from different types of P3 offices to discuss the challenges faced by P3 offices at different scales (city, state, country), and in different infrastructure sectors, to discuss the best practices they have developed to overcome obstacles. In discussion with the panelists, topics will include: (i) why it might be worth setting up a P3 office, (ii) how the P3 office can successfully integrate with the existing agencies and the traditional procurement process and project pipeline, (iii) options for the structure of a P3 office e.g. in-house staff vs external advisors, (iv) their advice and lessons learned for those considering P3 offices.

 

Balancing and Managing the Risk – From the Design Builder’s Point of View
Successful PPPs balance risk, not just shift them downstream. Should the risk be borne by the party most capable of absorbing the cost or managing the risk? If the Design Builder is being asked to absorb a risk, how will that risk shift impact project costs and schedule? Is competition the way to force Design Builders to absorb risk? If it is, will that risk shift lead to a successful project? If the risk is shifted to the Design Builder, how does it manage the risk? How can the Design Builder successfully manage a risk that it hasn’t priced? The panel will examine how the construction team, and its designer, analyze risk during the pursuit phase, and manage it through construction. We will discuss how risk allocation to the Design Builder affects price and schedule. And the panel explore how the Design Builder can best manage the risks it has been asked to absorb.

 

Unsolicited Advice – an Overview of the Benefits, Drawbacks and Status of Current Unsolicited Bids in the P3 Market
Unsolicited bids are drawing more attention in the US P3 infrastructure market as a means to accelerate public agency decision making and as for private parties to gain a competitive advantage. But the costs to develop the bids and the uncertainty they can cause with the public agency raise the question why more unsolicited bids are being submitted and how public agencies can prepare to receive them.

 

P3 for Small and Midsize Governments: How Any Government Entity, Regardless of Size, Can Utilize the Cost Saving Benefits of P3s
P3 is commonly believed to be a development tool available only to big cities and large government entities.  While the mega-projects capture headlines, P3 is an effective development tool for public agencies of all sizes including small- and mid-sized cities and community colleges. Facilities developed for these smaller government entities include police and fire stations, city halls, university facilities and student housing.  In this discussion, attendees will be introduced to a variety of successful P3 Social Infrastructure projects that have been successfully delivered to smaller communities and have cost less than a $100 million.  The presentation will address the key components that lead to cost savings on smaller scale P3 projects and illustrate how smaller scale P3 projects can be built on-time, on or under budget and with a lower cost structure than if delivered using a conventional public delivery process.

 

The Role of P3s in Resilience Projects
With increasing temperatures, evolving rain and snowfall patterns, and changing demographics, resilience is moving to the top of many cities and regions agendas. Resilience projects encompass a range of water related matters, from flood defense to drought resiliency, and municipal, state, and federal stakeholders.  As the infrastructure need is becoming increasingly apparent, and with federal funds ever more constrained, P3 has emerged as a possible way forward for these key projects. What role can P3s play in the resiliency discussion? What are the special parameters of these projects that impact their suitability for P3 delivery? How can owners make a resilience project more attractive to developers, and what are their international best practices from which the US can take note?  This session draws on lessons learned from a number of recent, high profile resilience projects to identify key issues, approaches and themes, which will be relevant to those contemplating similar projects, as well as those involved in structuring complex water related projects.

 

Local Agencies and Governments Driving P3 Innovation…Despite the Lack of Federal Leadership
The past several years have seen local agencies and governments driving PPP Innovation throughout the United States.  In Social Infrastructure, California cities, Long Beach and Napa are blazing the PPP trail with innovative new Civic Center Projects.  Many other cities, including Los Angeles are planning similar projects.  Local water and sanitation districts are utilizing PPP to develop new water treatment plants.  City-owned airports across the country are increasingly looking to PPP for new terminal and support service facilities.  All of this is happening despite the continued failure of the federal government to adopt significant infrastructure legislation.  Simply put, the desperate need for innovative new infrastructure at the local level has outstripped political inertia at the federal level.  This panel of industry leaders who have been involved in these ground breaking PPP projects will discuss this phenomena and explain how local cities and agencies have used PPP to innovate and obtain new infrastructure.

 

The United States Aren’t Ready for Sports P3s
A spirited panel discussion will analyze the complex field of sports venue development and identify the barriers which currently exist for developing a considered pipeline of DBFOM venues – a model which has been very successful in other markets like Canada, Australia and Asia.  So – are our sporting codes too disparate to achieve any form of efficiency?  Can venues remain financially sustainable with TV revenues falling off a cliff?  Or is there, in fact, a pathway to more sustainable investment in sporting venues by institutional investors to create a completely new P3 pipeline.

 

Using Condominium Structures to Maximize Value for P3 Projects
Due to their revenue-generating capability, mixed-use projects have emerged as a popular option for P3 development across the nation.  Public facilities — parks, student housing, and sports facilities — serve as an anchor for commercial and retail development.  Condominium structures have proven themselves to be an effective tool for organizing mixed-use P3s because they maximize value and increase efficiency.  Our panelists, will discuss their experiences in structuring, financing and developing condominium P3s and how these projects have enhanced the interests of both public and private sector participants in terms of the feasibility, financing , and preserving long-term value.

 

Not a One-Trick Pony: a Trail-Blazing Redevelopment That Bridges the Urban and Rural Divide
The City and County of Denver, Colorado State University (CSU) and the National Western Stock Show recently broke ground on the National Western Center, a 250-acre redevelopment in Denver. This first-of-its-kind investment partnership by a city, a land grant university and a non-profit event operator will create a place for education and research on rural agriculture, animal health, and water solutions in an urban setting and on a global stage. As a land grant university, CSU will continue build upon their mission to advance frontiers of knowledge, social responsibility and economic opportunity. The reimagined National Western Center site will also bring year-round entertainment and agri-business innovation jobs to the heart of a traditionally underserved area…creating a campus, a center and a community like no other. The three partners are actively seeking additional trailblazers to help complete their campus vision. Join leaders from CSU, the City and County of Denver, and the National Western Stock Show as they discuss this unique partnership and future investment opportunities.

 

Beyond the Basis of Design – Protecting Public Interests While Working for the Private Sector
In a P3 project architects are engaged at one of two points – to develop a basis of design OR to design and deliver a project in a design-build capacity. In the first instance the architect is contracted directly to the public agency and thus can operate in a capacity to do what is in the best interest of the public agency. In the latter instance the architect is contracted to a general contractor, which is then contracted to a developer, which ultimately holds the contract with the public agency.  The dynamics of the D-B contractual relationship in a P3 setting requires the architect to design a project that conforms to the negotiated hard construction costs, supports the lifecycle objectives of the O&M provider, and meets the performance specifications and technical requirements established in the basis of design. Thus the architect is serving a GC, developer and O&M provider who are motivated to deliver on the contractual requirements and a Public Agency that is motivated to get the highest and best quality out of the private sector. It is in this role that the architect often times serves as mediator, helping to balance the needs of public and private interests in an effort to do what is right for the investors and project sponsor and perhaps most importantly the people who will ultimately occupy the space and the community or neighbourhood that will be impacted by its presence. This session will explore the dynamic role an architect plays in a P3 project, the approaches they take to drive additional value beyond the BOD requirements and the tactics used to build consensus across broad and diverse stakeholder groups and under the constant schedule and budgetary constraints of a P3 project.

 

Social Infrastructure and Higher Education P3s:  It is Not “All About the Money”- Benefits Beyond Financing
While financing for P3s can be a significant driver, a P3 approach for needed facilities offers more benefits than just financing.  When properly structured, P3s can provide project consideration, implementation and operation solutions that add expertise, drive innovation and allocate risk while appropriately balancing levels of control and recognizing the complexity of certain projects. This panel will tap into the P3 benefits-beyond-financing for all types of social infrastructure assets.

 

Risk, Reward, and Control for Higher Education Institutions
As institutions seek to optimize how they conduct business and execute capital programs, issues such as risk and control are always pushed to the forefront when deciding how to unlock the value they bring to transactions. Whether selling off an asset to raise cash or entering into a complex public private partnership to achieve mission goals, an institution must always be aware of the trade-offs between risk and reward. This session will explore the spectrum of risk tolerance and how sound business and transactional practices can help mitigate risk going forward. The relationship between risk and value will be explored from an institutional, developer and capital markets perspective, with specific project examples to explain how investors and lenders price their own risk and how these decisions impact project costs. Finally, a discussion focusing on the right balance of risk, control and value for a series of hypothetical projects will be held between members of the panel to illuminate different perspectives and help institutions account for this dynamic going forward.

 

 You can view the conference schedule by following the link here.