Route Fifty: President-elect Donald J. Trump has outlined plans for substantial new spending on U.S. infrastructure that would rely heavily on private sector investment.
Should there be an upswing in the number of public-private partnerships, also called P3s, in the coming years, Fitch Ratings on Friday issued a report that some state and local governments may find useful. It highlights the importance of technical advisor firms in P3 projects.
“Technical advisor firms provide a pivotal link for investors to better understand various aspects of the project . . . and keep the investment community informed of progress toward completion and any unforeseen issues that arise,” Fitch senior director Scott Zuchorski said in a statement.
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