Hill Op-Ed: P3 Projects Don’t Need Tolls to Work. PA’s Rapid Bridge Replacement Project Cited as a Model “Availability Payment” P3

The Hill publishes an op-ed by John Buttarazzi, an Adjunct Professor at Georgetown University’s McCourt School of Public Policy and a founder of the Liberty Hall Advisors consulting firm, who makes the case for availability payment P3s – projects that don’t rely on tolls and, he contends, can work in rural areas. Buttarazzi cites Pennsylvania’s Rapid Bridge Replacement Project and notes, “P3s are not a panacea for rural infrastructure. However, they can deliver value-for money by transferring risk, contractually obligating maintenance (mitigating the problem of deferred maintenance).”