Mike Pikiel Speaks at Inframation’s USP3 Forum

On October 6, 2021, Winston & Strawn New York Partner Mike Pikiel spoke at Inframation’s USP3 Forum, a fully virtual event demonstrating how private investment in North American infrastructure is best put into practice. It also served to educate and build further understanding of the P3 model, as public sector officials embrace the P3 concept. Winston was a sponsor of the event.

Mike spoke on the “Social Infrastructure Becoming a P3 Mainstay” panel. Social infrastructure is becoming a mainstay in P3 procurements as cities have become comfortable procuring public schools, courthouses, government buildings, prisons, and recreational fields. Universities have also expanded their P3 program to not only include housing and energy projects, but also academic buildings and research facilities. Panelists discussed the following topics:

• Why is it easier to advance a good portion of these projects as opposed to larger mass transit projects?
• There is a wider range of alternative procurements also being offered in these processes such as Miami-Dade Courthouse (DBFOM) and Travis County Courthouse (DBF). What models optimally work?
• How do politics play a role in these prison projects and is financing an issue, particularly as certain banks have withdrawn their support for certain projects?
• How are universities now using P3s to modernize their campuses in general and where is the funding generally coming from?
• From private sector perspective, how are these university projects attractive?
• Why did the L.A. Civic Center project get canceled and where were lessons learned?