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Posts tagged “3P

Public-Private Partnerships Survive Legal Challenges in Virginia

Public-Private Partnerships Survive Legal Challenges in Virginia http://ht.ly/s1x8e

Virginia has long been the U.S. epicenter of the movement toward public-private partnerships to finance transportation infrastructure. So a high-profile lawsuit generated big interest in the transportation community when a judge ruled that tolls on a Norfolk-area project were technically taxes, not user-fees, and the state had illegally deferred its power to tax to a private-sector operator. P3 supporters worried that may have threated the future of similar projects in the state. But this fall, the state supreme court rejected that line of thinking and overruled the lower court, ensuring those types of projects will go forward.