Public-Private Partnerships

Public-private partnerships (P3s) are a mechanism for delivering critical infrastructure and advancing community development across numerous sectors, such as transportation, utilities, higher education, healthcare, housing and mixed-use districts. A properly structured and executed P3 can enrich communities and provide significant value to all parties involved, but each project comes with its unique risks and potential challenges.

While common in other parts of the world, P3s have historically been underutilized in the U.S. As this project delivery method gains prominence, Baker Tilly is positioned to help our clients navigate the challenging and nuanced world of P3 planning and execution.

Investing in the future of infrastructure with P3s

Our experienced P3 team collaborates with public sector agencies, private entities and not-for-profit organizations to help you work through the entire lifecycle of a P3 endeavor. We help evaluate whether P3 is the right option in your public project or particular situation, organize partnership structures, advance pre-development efforts from concept to implementation, support the securing of funding and oversee execution through project delivery.

Our team has years of practice serving the respective nuances of both the public and private sector sides across each industry and a breadth of dedicated and skilled resources to support your strategic and financial objectives. Our goal is yours — to seek the greatest public benefit while also optimizing the shared risk and reward.

Experience matters

Our approach to any P3 project is to, first and foremost, focus on the partnership aspect. We plan, structure and execute transactions in several industries:

Infrastructure

  • Transportation
  • Water
  • Energy
  • Broadband

Higher education

  • Student housing
  • Education facilities
  • Utilities
  • Town-gown partnerships

Housing

  • Affordable housing (including Rental Assistance Demonstration)
  • Senior housing

Community development

  • Mixed-use urban areas/districts
  • Urban infill and brownfields
  • Historic preservation
  • Convention centers
  • Community facilities (including schools and government buildings)
  • Healthy food initiatives
  • Medical clinics

We have a long history of helping our clients bridge the gap between the private and public sectors in a productive and mutually beneficial way.

  • Identifying risks
  • Value for money
  • Governance
  • Critical stakeholders
  • Project delivery workshops
  • Consensus building
  • Financial feasibility
  • Incentives
  • Strategic funding plans
  • Capital stack development
  • RFP and RFQ development
  • Bidder evaluation
  • Negotiations
  • P3 team building
  • Financial modeling
  • Construction risk management
  • Transaction advisory

Lean on Baker Tilly’s Value Architects™ to navigate the complex environment of your P3 engagement while maximizing the benefits and minimizing the risks to each entity.

By the numbers

3rd largest

municipal advisor in the nation with 350+ annual bond issues

$15 billion

Advised on more than $15 billion of transactions in social infrastructure and affordable housing

$3 billion

Advised on more than $3 billion of energy and transportation transactions