Central parts

17 April 2017 The Bureau of Reclamation’s (USBR) imminent request for information shows that the federal agencies are keen to harness private investment in their infrastructure
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As reported last week, P3 Bulletin revealed that the USBR will publish an RFI for a series of projects in mid-April, when it will seek to engage with the private sector to explore opportunities to leverage alternative finance and delivery models.

The USBR will hold the industry forum on May 9 in Denver, Colorado, to review a number of projects under consideration for potential delivery under P3 arrangements.

It remains very early in proceedings of course, but at least this is further proof of another central agency considering the use of P3s for the development of federal infrastructure.

One of the questions often lobbied at the feds is what role they will play in the wider US pipeline, and it is encouraging to see another agency take the plunge. It has been suggested that the main role for the federal government when it comes to P3s is to support its regional counterparts with funding. However, there is also room to unlock private investment to support a pipeline of federal deals as well. Water has often been touted as an area this can happen and here we have the first signs of this bearing fruit.  

Alongside the Army Corps of Engineers (USACE), USBR has the chance to provide the market with a pipeline of real substance. Through USACE we already have two major deals in Fargo Moorhead and Grand Prairie, which clearly lends itself to the theory that it is possible to utilize P3 at federal level when the situation suits. If both these agencies can continue on this path, it will do much to support the notion that P3 is a viable tool for other departments within the federal government. 

It will now be interesting to see how the market responds to the plans over the coming months and whether USBR will follow up on these initial steps.

It bodes well that the private sector can have its say on the plans before anything concrete progresses. So, until we see exactly how the federal government will move forward under president Donald Trump on a wider scale, there is a least some new potential deals on the horizon.

 

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This page was last updated on:
17 April 2017.

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Central parts

The Bureau of Reclamation’s (USBR) imminent request for information shows that the federal agencies are keen to harness private investment in their infrastructure

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Blazing a Trail

Plenary Concessions executive chairman Dale Bonner gives Dan Colombini his views on the ever-changing US P3 landscape

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