Public–Private Partnerships: What Are the Lessons Learned? (2020) / Chapter Skim
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Pages 30-32
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22 SESSION 4 Political Risks and Opportunities for Approving P3s Peter Kirsch, Kaplan Kirsch & Rockwell, Moderator Panelists Susana Carbajal, Austin–Bergstrom International Airport Lois Scott, Epoch Advisors Peter Kirsch introduced the panelists and stated that the purpose of the session was to discuss how to convince elected officials to consider a P3 and educate them on the benefits and challenges of P3s, particularly as political turnover occurs in the community. Susana Carbajal provided highlights of the Austin South Terminal rehabilitation project, which was prompted by dramatic airport growth and demand from the airport and airlines for additional service and gates.
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From page 31... ...
23 The city also created an advisory panel with representation from labor interests, parking experts, civic leaders, and city council members. Scott noted that she attended public meetings to explain what the city was doing and why, and most negotiation was done in a public setting.
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24 She added that it would have been very difficult to demonstrate to the public that it was receiving a fair value without multiple bidders at the final stage. Scott noted the importance of articulating goals on how to treat labor in P3 transactions up front.
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