Surety Bonds and P3s

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Public-Private Partnerships (P3s) involve a challenging combination of new relationships and risk transfers for the private sector. While it has significant benefits for its stakeholders, this alternative construction project delivery model is not without risks. A surety company can provide very useful insights to a general contractor in this endeavor.

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Topics: Surety Bonding, Public-Private Partnership

The Reality of Public-Private Partnerships (P3's)

image credit: Adha Ghazali/

State and Federal deficits are ballooning at an alarming rate, and maintaining the Infrastructure hasn’t yet become a priority. Politicians are struggling to find the balance between the need to fix our infrastructure and how to fund the costs.

In recent years, a solution to this struggle is Public-Private Partnership (P3’s). This is a partnership where the Public Entity outsources the responsibility of building and/or maintaining an Infrastructure asset to a Private For-Profit Company.

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Topics: Public-Private Partnership