Will P3s sustain New York's $15B infrastructure plan?

Construction groups, legislators and others laud New York Gov. Andrew Cuomo's $15 billion plan to create jobs by repairing the state's deteriorating infrastructure. However, some wonder where the financing will come from, particularly the $3 billion worth of public-private partnerships that play a key role. In order to garner support and funding, "[t]here has to be a rather broad educational campaign," said Richard Norment, executive director of The National Council for Public-Private Partnerships.

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Rochester Democrat and Chronicle (N.Y.) (tiered subscription model)

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