Public Private Partnerships (P3)
Having served government and private sector clients for decades, Stites & Harbison is well-positioned to deliver legal counsel to the public-private partnership (P3) market. As government entities at all levels face funding challenges for infrastructure, transportation, and other needs, private sector financial support provides an alternative resource for a multitude of projects whereby private companies take on what was once a traditionally public role. Our attorneys maintain an in-depth understanding of P3 projects from their inception through completion.
Stites & Harbison regularly represents developers, construction companies, environmental and engineering companies, municipalities, investors, and lenders in all aspects of public-private partnerships including:
- Project tendering;
- Screening;
- Deal structuring;
- Financing;
- Legislative/Regulatory drafting;
- Economic and tax incentives;
- Negotiations;
- Eminent domain;
- Design/Build;
- Environmental issues;
- Asset management;
- Compliance issues; and
- Dispute resolution.
Additionally, our P3 attorneys have a far-reaching network throughout the United States which includes connections with federal, state and local government principals, P3 concessionaires, investors, and design-builders. Our deep relationships with both the public sector and private sector positions us as a valuable team member for P3 projects.
Public Private Partnership Legislation: Kentucky
Lexington office attorney Charlotte McCoy drafted the Kentucky chapter for Public Private Partnership Legislation for Practical Law