Public–Private Partnerships: What Are the Lessons Learned? (2020) / Chapter Skim
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5 SESSION 1 The Landscape of P3s Peter Kirsch, Kaplan Kirsch & Rockwell, Presenter Stephen Van Beek, Steer, Presenter Peter Kirsch and Stephen Van Beek highlighted the landscape of P3s at U.S. airports.
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From page 14... ...
6 for P3s have also changed significantly within the past several years, with states becoming more amenable to private–sector involvement in owning, operating, and funding infrastructure. Van Beek noted that unlike elsewhere in the world, U.S.
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7 Kirsch stated that the basic concepts behind privatization are not the same as those behind P3s; privatization involves taking a municipal asset and monetizing it. Van Beek noted that renewed interest in P3s in today's market is being driven by public-sector challenges, including growth (in particular, passenger growth, which is swamping operational growth)
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