Many State governments have embraced P3’s financing to help pay for new projects and is becoming a new revenue source for Contractors.
This session will explain how P3’s work from inception to owning and operating a completed project. Surety is also unique in P3’s and will be addressed from a Contractor’s perspective. The unique legal structure of P3’s can put undue burden on a Contractor – solutions and tools that help Contractors manage and/or transfer some of their risk will be explored. The unique Accounting for P3’s on the Concession books will be addressed.
Also the unique Accounting requirements when the Contractor also has an owner interest in the Concession will be addressed.