P3, TIF & Infrastructure

Our lawyers employ innovative financing techniques to achieve clients’ objectives. We are early innovators in the use of P3, special assessments and tax increment financings (TIFs), special revenue, tax and assessment pledges, lease financings, tax and revenue anticipation vehicles, real estate secured loans, and moral obligation pledges and other subject-to-appropriation financings. In many instances, we established the validity of these financing options through legislation, judicial validations and administrative interpretations.

How We Help

The P3, TIF & Infrastructure Practice Group represents private owners, governmental sector participants, issuers, developers, underwriters and commercial banks engaged in complicated financings. For example:

• We collaborate with clients throughout the project lifecycle; handle the early stages of drafting legislation; advise on the procurement and selection processes; secure land use permits; and negotiate project, management and operation contracts. The team structures innovative financing programs tailored to the needs and legal framework of transactions, and lead key due diligence and disclosure matters.
• Lawyers identify business, financing and project development milestones, and anticipate and safeguard against regulatory hurdles and litigation threats.
• We also navigate the infrastructure development process, including site selection, project bidding and procurement, contracting, financing, regulatory compliance, public outreach, government affairs and disputes.

An important aspect of McGuireWoods’ value proposition is our ability to address client issues from multiple angles by partnering with affiliate McGuireWoods Consulting — the national leader in public-private partnerships. Together, we wrote the model enabling legislation used in multiple states and guided clients in developing billion-dollar infrastructure projects across the country. Combining public policy and governmental affairs capabilities with project experience at the local, state and federal levels, we provide unparalleled service that takes projects from conception to reality.

Representative Experience

Our P3, TIF and infrastructure asset sector experience spans all major asset sectors, including:

• Stadiums/arenas.
• Roads/tollways;
• Mass transit;
• Social infrastructure/government services;
• Student housing;
• Affordable housing;
• Energy and renewables; and
• Stadiums/arenas.