New P3 Financing Option

A new bonding mechanism may soon be available for P3 projects. The new bonding option is Qualified Public Infrastructure Bonds. These bonds allow for:

• A cross between governmental bonds and private-activity bonds
• Not subject to the restrictions of Public Activity Bonds
• Increases funding flexibilty
• Lower Costs
• Ability to generate more private sector participation in large-scale P3 projects.
• More infrastructure projects:
  •  airports
  • ports
  • mass transit
  • solid waste disposal
  • sewer
  • water
  • more surface transportation projects.   National Law Review