• Contractors get paid for better ideas, not just “low

bid”

• Opportunities exist to recover development costs

at financial close with success-fee premiums

• Margins on design-build content are higher than

those common in EPC markets generally

• O&M earnings provide steady long-term cash

flows

• In addition to margins on design-build and O&M

scope, contractor-investors enjoy returns on their

equity investments

• P3s capture the gains in project value that companies

create with successful development and

design-build delivery