Public-private partnerships, also known as PPPs and P3s, enable public sector agencies and authorities to leverage private sector capital, experience and other resources to help achieve public sector goals.
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Public-private partnerships, also known as PPPs and P3s, enable public sector agencies and authorities to leverage private sector capital, experience and other resources to help achieve public sector goals.
P3s are frequently used where the public sector’s ability to maintain or improve its infrastructure or other assets to meet public short- or long-term needs is hamstrung by limited funding and other resources. Perkins Coie has a seasoned, multidisciplinary team with extensive experience representing sponsors, financing parties, contractors and governmental entities in a variety of P3 transactions throughout the United States. Our experience spans a number of sectors, including:
- Infrastructure
- Transportation
- Real estate development
- Energy production and transmission
- Tourism and recreation
- Water supply and delivery
- Military housing and ancillary facility privatizations
- University academic, clinical, housing, dining and other facilities
We have an extensive track record in effectively addressing a wide range of legal issues associated with these complex projects, working with our clients to formulate the terms, conditions, structures and strategies necessary to ensure the success of any P3 transaction.
P3s are frequently used where the public sector’s ability to maintain or improve its infrastructure or other assets to meet public short- or long-term needs is hamstrung by limited funding and other resources. Perkins Coie has a seasoned, multidisciplinary team with extensive experience representing sponsors, financing parties, contractors and governmental entities in a variety of P3 transactions throughout the United States. Our experience spans a number of sectors, including:
- Infrastructure
- Transportation
- Real estate development
- Energy production and transmission
- Tourism and recreation
- Water supply and delivery
- Military housing and ancillary facility privatizations
- University academic, clinical, housing, dining and other facilities
We have an extensive track record in effectively addressing a wide range of legal issues associated with these complex projects, working with our clients to formulate the terms, conditions, structures and strategies necessary to ensure the success of any P3 transaction.
Strategic Counsel in Major PPP Projects
Perkins Coie attorneys have played principal roles in a diverse array of significant transactions, ranging from multistate, multibillion-dollar military housing privatization projects to public-private partnerships for the development of renewable energy facilities and privatizing the operation of Chicago Midway International Airport.
With considerable experience in project development, project and public finance, energy, real estate, construction, environmental, tax, government contracting, labor and employment, permitting and regulatory matters, Perkins Coie attorneys work as a cohesive team to counsel clients on the full spectrum of complex and challenging issues that can arise in P3 and privatization transactions. These include:
- Regulatory: Governmental rules, regulations and practices; Department of Transportation joint venture guidelines
- Government contract matters and procurement procedures
- Jurisdictional issues
- Site selection, real estate and land use issues
- Development, operating and other project agreements
- Environmental: Impact assessments, permitting and licensing, environmental contamination, Superfund issues
- Finance: Financing structuring and documentation, including disclosure documents in capital market financings; grants and other financial assistance applications
- Litigation risk assessment
In addition to serving as strategic advisors, counselors and project counsel, Perkins Coie attorneys frequently defend clients in related litigation issues that may arise, including challenges to project approvals, contract claims and other lawsuits. The team also has extensive experience helping clients successfully and efficiently resolve matters out of court, whether through mediation, arbitration or other alternative dispute resolution mechanisms.
