Utilizing P3 to Fund Justice Infrastructure Solutions

What is a P3?

A P3, or public-private partnership, is a contractual agreement between a public agency and private entity that strategically allocates risk to the private sector and creates value for the taxpayer.

Benefits of P3 to State & Local Governments

01

ACCELERATED
DELIVERY

02

EFFECTIVE
RISK TRANSFER

03

COST
SAVINGS

04

GREATER
INNOVATION

05

LIFECYCLE
MAINTENANCE

06

PUBLIC OWNERSHIP
& CONTROL

07

LONG-TERM
BUDGET CERTAINTY

08

PAYMENT FOR
PERFORMANCE

09

BENEFIT TO
BALANCE SHEET

Want to learn more?

Download the Bridge the Dip Whitepaper Report and see how many governments are taking advantage of lower construction costs, higher labor quality, and affordable bond yields during the current downturn to fund their justice infrastructure projects today.

P3 in Action

A Model for 21st Century Courthouse Operations

A Cost-Saving Correctional Center Built to Last