Plan For Port Authority’s Future Embraces P3s

Once the LaGuardia Airport Central Terminal agreement is signed in a few months, the board of the Port Authority of New York and New Jersey will have approved $4 billion in P3s during the past two years, more than any other U.S. transportation agency during that time.

At $2.45 billion, the LaGuardia project will be the largest capital project under construction by the Port Authority. That and the $1.5-billion Goethals Bridge DBFOM agreement,  signed in November 2013 with Macquarie and Kiewit, have whet the Port Authority’s appetite for more P3s.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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