quoted Richmond office managing partner
George Keith Martin in a
May 7 story on the role public-private partnerships could have in funding President
Biden’s infrastructure proposal.
Martin, who practices construction, real estate and local government law,
cited Texas, Virginia and Maryland as examples of states that effectively
use public-private partnerships, or P3 statutes, to address infrastructure
needs such as transportation projects and school construction. Stakeholders
are watching closely to see how broadly the Biden administration and
Congress define infrastructure, he said.
Martin also wondered “whether there's going to be some priority given to
projects that are done on a P3 basis, whether you require that there be
“Creative developers and creative lawyers will see [P3] as an opportunity.
Public officials will see that as an opportunity as well,” Martin said. “I
would like to see something that would give a nod to P3s as the preferred
Martin is a member of
’s Construction Editorial Advisory Board.