what are p3s?
Sample P3 Projects
- Canada: Over $5 billion of transportation and social infrastructure in over 50 projects completed or underway.
- Abbotsford Regional Hospital and Cancer Centre in Abbotsford, was a public-private partnership project, in which AHA was selected to design, build, finance and maintain the new hospital and cancer facility.
- United Kingdom: Approximately 15% of infrastructure expenditures through Private Finance Initiative (PFI) model; 450 projects at cost of over $80 billion-to-date including 100 schools and 130 hospitals.
- The Greater Manchester Police Authority PFI Project delivered 16 new police stations in Manchester.
- United States: Several states including California, Texas, and Illinois have undertaken 18 P3 transportation projects at cost of over $12 billion.
- The Skyway Concession Company LLC has an operating lease with the City of Chicago for the operation and maintenance of the 7.8 mile Chicago Skyway Bridge and receives all toll and concession revenue.
- The first large scale design build finance operate maintain (DBFOM) social infrastructure project in California, and probably in the US, is the 33-courtroom Long Beach Regional Courthouse project currently in RFQ stage. The final selection is expected in late 2009 with groundbreaking in mid-2010.
