Public-Private Partnerships (P3s) are the sole focus of The Association for the Improvement of America’s Infrastructure (AIAI). P3s essentially change the way that states conduct the business of public infrastructure procurement and offer key advantages in helping to rebuild America’s infrastructure.
InfraAmericas’ US P3 Forum is the P3 industry’s premier gathering of infrastructure developers, investors, financiers, state and federal public officials and regional transportation authorities to discuss what is happening across the country and the issues that are shaping the industry’s future. This year’s forum was held on June 13-14, 2017 in New York City and Moretrench President and CEO Arthur B. Corwin, P. E., was invited to participate in the “State of the States” panel discussion.
Mr. Corwin is active in both the AIAI and the Associated Construction Contractors of New Jersey (ACCNJ), which has been working for the past two years to have P3 legislation approved in the State of New Jersey. “This would allow New Jersey agencies, municipalities, etc. to take advantage of this type of contracting method,” says Corwin. “It has already been approved by the Port Authority of New York and New Jersey and the Geothals Bridge is being built under this arrangement.”
“In New Jersey, an educational effort is underway, working in conjunction with AIAI member The Associated Construction Contractors of NJ (ACC-NJ), New Jersey’s state-level chapter of AGC (buildings),” notes Corwin. “The goal is to provide education in anticipation of companion bills being reintroduced in the 2018 session, when notably there will be a newly inaugurated Governor. The stakeholder groups to whom ACC-NJ has been reaching out should benefit directly from the workforce development and job creation opportunities associated with P3s across a range of sectors.”
For more information, please visit the AIAI website at aiai-infra.info.