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Infrastructure Justice Public Interest Protections in P3 Contracts Shar Habibi January 28, 2015.

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Presentation on theme: "Infrastructure Justice Public Interest Protections in P3 Contracts Shar Habibi January 28, 2015."— Presentation transcript:

1 Infrastructure Justice Public Interest Protections in P3 Contracts Shar Habibi January 28, 2015

2 Massive Need for Infrastructure 2013 grade of D+ overall (ASCE) 1/9 bridges are rated as structurally deficient 42% of America’s major urban highways remain congested – $101 billion in wasted time and fuel annually Almost half of American households lack any access to transit

3 Financing Infrastructure 1) Public funding of infrastructure is least expensive way to finance major infrastructure projects, but many obstacles 2) Public-Private Partnerships (or P3s) use private capital to finance public projects, but can be difficult and counterproductive to public interest

4 States with P3-enabling legislation

5 Principles: P3’s Without Privatization Public control of infrastructure Public control of public policy decisions Public participation in decisions Full transparency and accountability Family-supporting jobs and career-enhancing skills for construction and operation.

6 What should be included in P3 legislation and contracts? Maximum Transparency and Public Participation Pick the projects communities need, not just what investors want Comprehensive project analysis and evaluation before deal is signed Infrastructure is affordable for working people Jobs that Build the Middle Class for both construction and operation/maintenance. Contract Provisions that don’t undermine the public interest Strong Oversight and Inspection written into contract Make explicit all legal requirements

7 www.InThePublicInterest.org. If you have questions, please email shabibi@inthepublicinterest.org or call 202-429-5091.


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