Miami, FL – Bilzin Sumberg is pleased to announce the launch of its P3 Focus Blog, which aims to provide insights into the rapidly growing landscape of P3 developments across the globe.
A Public-Private Partnership (P3 or PPP) is an agreement between a government entity and a private partner to provide a public service or develop a public facility in a manner that divides the risks, rewards, and responsibilities between the public and private sectors. As governments strive to build smart cities and expand and adapt their infrastructure to meet ever-changing needs, P3s provide opportunities to help overcome budgetary constraints and bring forward innovation and lifecycle efficiencies that are difficult to obtain in purely public projects.
Bilzin Sumberg's P3 Focus Blog will delve into P3s projects, including those designed to create or improve infrastructure related to transportation, energy, water and sewer, higher education, and public buildings.
"While P3s have many benefits, such as helping resolve public infrastructure challenges and stimulating job growth, they are governed by complex regulations and contractual arrangements that require sophisticated, experienced legal counsel," said Eric Singer, Public-Private Partnerships and Government Contracting Partner at Bilzin Sumberg. "P3 Focus Blog will feature our firsthand knowledge, industry updates, and insights tailored to the different sectors involved in these complex transactions."
As a pioneer in the Florida public-private partnership arena, Bilzin Sumberg was an early proponent of the P3 delivery model for infrastructure development. Today, Bilzin Sumberg is involved in all aspects of P3 project development, finance, and implementation in the region and throughout the United States and has been the key legal representation on various multi-billion-dollar Public-Private Partnerships in Florida.
About Bilzin Sumberg
Bilzin Sumberg works with clients whose business and legal opportunities and challenges span the United States and cross borders to Europe, Latin America, Canada, the Middle East, and Asia. The firm's growth has paralleled that of its Miami home base, a region known for its rich cultural, social, and professional diversity. Bilzin Sumberg lawyers concentrate on services at the heart of both regional and international commerce, including real estate, land development and government relations, environmental, corporate law, joint ventures, domestic and international tax and estate planning, business litigation, finance, and public-private partnerships. For more information, please visit bilzin.com.