Federal Agency Successes with Public Private Partnerships (P3): Any Opportunities For Local Government ?

The Federal Facilities Council presented a half day of presentations September 7th in D.C. on the theme of Public Private Partnerships and provided a number of federal agency cases that have been successfully enabled through Enhanced Utilization Leases(EUL). In one case through an EUL, an agency specified a desirable multi-use development be built on excess periphery land. After vetting private developers, a plan was chosen. The terms were such that the agency got a tranche of money and retains a revenue stream.

While discussion of P3s typically centers around toll roads and highways, the FFC program depicted 4 non-transportation related projects. Instead of selling assets such as non-utilized land or gain of excess methane gas (city dump), these assets become an additional revenue stream to support government operations.