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Pages 1-3

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From page 1...
... 1 Public–private partnerships (P3s) can provide solutions to the project delivery challenges faced by state departments of transportation (DOTs)
From page 2...
... 2 Leveraging Private Capital for Infrastructure Renewal occurs when the P3 developer is fully responsible for repaying project debt throughout the term of the loan if the SPV underperforms and is unable to pay.) The SPV relies on this private financing through equity and debt, which is often subsidized by sources of publicsector capital, to construct the project.
From page 3...
... Summary 3 One concern the public may have regarding the use of P3s is that the benefits of public infrastructure may be compromised because of private ownership and investment. The existing assumption is that because the private sector is mainly motivated by profit, any transaction or partnership arrangement would come at the expense of the general public.

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