Governments will tighten terms of P3s amid scrutiny, analyst says

05/8/2009 | Reuters · Reuters

More voters are demanding transparency and stronger oversight for public-private partnerships for infrastructure projects, according to Fitch Ratings Managing Director Cherian George. He expects state and local governments to require investors to adhere to tougher terms as a result. Meanwhile, an executive at Fluor Corp. says funding from P3s has withered, but that an infrastructure bank could help fill the gap.

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