The state of Florida and its local governments have an urgent need for public works and other critical infrastructure projects. This is driven by several factors, including years of underfunding from all levels of government, the state’s growing population and the increasing demands of technology. Having assessed some of those needs for prior administrations, it’s obvious we must think more creatively about how the public and private sector can build these projects. In Florida, we have seen public-private partnerships thrive with the $2.3 billion Interstate 4 Ultimate Improvement Project in Orlando, $1 billion PortMiami Tunnel and $1.2 billion Interstate 595 Express Corridor Improvements. In these P3 projects, government and the private sector worked hand in hand to fill transportation needs that have improved quality of life while adding high-paying jobs. As a former chairman of the Miami-Dade Expressway Authority operations committee and later as a consultant to numerous domestic and international infrastructure companies, I quickly discovered it takes the right team of design, engineering, construction, finance and operations professionals to make a P3 work.
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