Reasons to Attend

America is experiencing an infrastructure crisis. 

  • There’s a water main break every two minutes.*
  • 43% of our public roadways are in poor or mediocre condition.*
  • At the current rate of investment, it will take until 2071 to make all of the repairs that are currently necessary for bridges, 42% of which are at least 50 years old.*

The American Society of Civil Engineers’ latest report on the state of U.S. infrastructure gave the U.S. an overall score of “C -“. The United States lags behind other advanced economies in infrastructure quality and spending.** Aside from the safety concerns, inadequate infrastructure imposes large costs on the U.S. economy. The most recent analysis shows the total infrastructure investment gap has increased from $2.1 trillion over 10 years to $2.59 trillion. Federally funding is not enough though to address the deficit.

A Solution? Public-Private Partnerships (P3).

What is a P3?

The United States Department of Transportation’s Center for Innovative Finance Support defines public-private partnerships (P3s) as “long-term contractual agreements between a public agency and a private entity to design, build, finance, operate and maintain (DBFOM) an infrastructure project”. P3s help bridge the infrastructure gap, bringing critical projects to completion faster, and more efficiently. 

P3s differ from traditional design-build methods. There are several elements that must be considered when exploring if the P3 method is right for you. Where do public agencies go to learn about how they can deploy a public-private partnership to more effectively and efficiently bring their infrastucture project to life? The P3 Conference & Expo.

At P3C, you’ll learn the P3 fundamentals to help navigate your agency and community through these complex infrastructure projects. 

P3 Education

In partnership our Public Education Program Partner, AIAI (the Association for the Improvement of American Infrastructure), P3C is excited to offer a plethora of events specifically tailored to needs of public agencies evaluating P3s. Check out the sessions below!

P3 101 BREAKFAST WORKSHOP 
Public sector attendees – join industry leaders for breakfast and an interactive conversation specifically tailored to the needs of agencies evaluating P3s. This pre-conference session is designed for those beginning to explore P3s, helping them understand where P3s can be applicable; and how they can save money and time when dealing with upgrades, repairs, and maintenance. Learn when P3s do or do not make sense, and what major considerations need to be made once choosing this route.

AIAI P3DIRECT BOOTCAMPS
New to P3s? Join the AIAI Bootcamps series to gain a solid understanding of public-private partnerships and how they can help you advance your current and upcoming infrastructure projects. Take the first step toward transforming your infrastructure goals!
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Register

Sources:
*https://infrastructurereportcard.org/
**https://www.cfr.org/backgrounder/state-us-infrastructure#chapter-title-0-5