In May, the Commonwealth of Pennsylvania opened it’s doors wider to P3s by announcing it would accept unsolicited P3 proposals in a month long pilot program. During May, private sector entities were encouraged to submit proposals offering innovative ways to deliver and manage transportation projects throughout the state.
Even in an improving economy, and with Congress’s temporary rescue of the Federal Highway Trust Fund, states are faced with further shortfalls in federal funding for vital transportation infrastructure such as roads and bridges. But some states are finding a solution in alternative delivery mechanisms such as Design-Build and Public Private Partnerships (P3s).
Some are moving ahead at a rapid pace.