PWF P3 Research Roundtable Results
On Jan. 14, 2014, twenty seven of the industry’s thought leaders from academia, state government and the private sector participated in a roundtable discussion of some of the major issues affecting the future of the P3 project delivery model in the U.S. What follows is a summary of those talks plus some commentary and additional input solicited by PWF from academics and other experts.
After introductory remarks, seven industry experts each were asked to address one topic related to the P3 project delivery model that is ripe for research. These directed discussions started with a statement from PWF framing the issue. That was followed by a proposition stating what one might conclude from the statement. Then the experts said in 10 minutes why they agreed or disagreed with the proposition before opening up the discussion to the table for a futher 20 minutes.
PWF organized the event, recruited experts, and facilitated the discussions. Jack Basso of Parsons Brinckerhoff moderated. The American Road and Transportation Builders Association hosted the three-hour meeting at its Georgetown headquarters during the TRB annual meeting in Washington, D.C.
Opening statement from PWF:
“For the P3 alternative delivery model to reach its full potential in the U.S., academic researchers, government agencies and private practitioners should collaborate more closely to define practical P3 research, enhance data availability and identify funding resources to address these needs. Aligning the various interests to achieve this goal is complicated. The purpose of this discussion is to explore P3 research needs and how to meet them, collectively.”
Rethinking Value for Money Studies —Michael Parker, Ernst & Young
The Availability Payment P3 Model —Jonathan Startin, HNTB
Are Alternative Technical Concepts Worth It? —Nancy Smith, Nossaman
We Need A Center of P3 Research —Jonathan Gilmore, James Madison University
Fix the Research-to-Market Problem —Richard Geddes, Cornell University
The Canadian P3 Approach —Matt Girard, Plenary Group
Where Are We Going? —Tyler Duvall, McKinsey & Co.