Evolving P3 Policy Holds Promise For Infrastructure

Law360, New York (March 18, 2015, 5:44 PM EDT) -- A community's infrastructure is one of the most significant indicators of its ability to sustain economic growth, support job creation and remain competitive in an increasingly global economy. Yet, as major American cities — from New York and San Francisco to Miami, Houston and Atlanta — experience unprecedented development and urban migration, they are also struggling to allocate the necessary funding to keep pace with this current rate of growth.

According to the American Society of Civil Engineers, America's federal, state and local governments must spend $3.6 trillion through 2020 to put the nation's critical systems in adequate shape. Without higher...

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