Public-private partnerships (“P3”) have become an effective option for institutions to pursue their strategic objectives while managing a project’s speed to market, navigating complex political environments, leveraging financial capacity and expertise, and transferring risk and return to the appropriate parties. As the range of P3 development structures continues to expand and provide exciting opportunities, the …
Reuters interviews a variety of industry experts, including B&D’s Brad Noyes, on the quick-growing P3 landscape. The stats presented are fascinating and even mind-boggling. Read the full article
Inside Higher Ed reported on P3-related conversations at the 2017 Society for College and University Planning (“SCUP”) conference. This article looks at the significant growth of and interest in P3s, as well as what P3s can do–and what they can’t. It quotes B&D’s Jeff Turner, among others. Read the full article.
“To avoid tapping into their debt capacities, a number of colleges and universities are using tax credits and other incentive plans to make their capital projects a reality.” This article by B&D’s Jeff Turner and Nick Gabel, published in NACUBO’s Business Officer, looks at emerging P3 models that include the use of state and federal tax …
Patrick Martin, vice president for real estate, public-private partnerships and compliance at Louisiana State University (“LSU”) talked to Student Housing Business about his experience guiding LSU through an ambitious P3. B&D is quoted extensively, and the entire article offers important reflection on the P3 experience. Read the full article.
In APPA’s Facilities Manager, Mark Crawford wrote “Public Private Partnerships in Education: Shared Risk, Mutual Reward.” The article seeks to answer the question, “Are PPPs as good as they sound?” It looks at the stories of five education administrators, gives overviews of four P3 structures, and speaks with developers. (Jan./Feb. 2015)
Brailsford & Dunlavey (“B&D”) launched the Higher Ed P3 Resource Center in October 2017 as an educational space for the whole industry—college and university leaders, developers, and other stakeholders. We’ve been advising in the higher ed P3 space for over two decades now—and the higher ed space for 25 years—and as we’ve watched the world of …
The Bay Area Council Economic Institute published “Public-Private Partnerships: Alternative Procurement Methods for Campus Development in the University of California System.” The white paper evaluates the merits of P3s for long-term projects within the University of California system.
