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NAIOP Northern Virginia
Public-Private Partnerships
April 2013
David C. Birtwistle Senior Vice President
Balfour Beatty Construction 703-273-3311
[email protected] www.balfourbeattyus.com
Why do We Pursue P3 Projects?
The future of public procurement Abundance of unfunded public projects Different Procurement/Not Different Delivery Qualifications and solutions based selection Proactive, not reactive Role enhancement + risk assumption = reward expansion Collaborative approach:
Multidisciplinary Choice of teammates Technical Solutions (Constructability on Steroids) Technology applications
Public-Private Partnership Experience
Omni Dallas Convention Center Hotel
Florida Atlantic University Innovation Village
The Mason Inn Conference Center and Hotel
Western State Hospital
What Kind of Projects?
UNITED STATES Federal
Enhanced Use Leases (EULs) Military Family Housing
State and Local
Public Safety/Judicial Public Assembly Higher Education Government Administration Healthcare Affordable Housing
What Kind of Projects?
Outside the U.S.
Roads
Transportation Systems
K-12 School Systems
Aviation
Infrastructure
Healthcare
How do We Approach a P3 Project?
Identifying Projects:
Pursuit of passion Community Priority Receptivity Revenue source Viable solution Unsolicited vs. solicited Selection Factors
How do We Approach a P3 Project?
Develop Design Build Finance Operate Maintain
Picking key partners
A willingness to go at risk
Collaborative
Solution Oriented
Achievable differentiation
How do We Approach a P3 Project?
Develop Design Build Finance Operate Maintain
Submission Requirements
Qualifications and Experience
Project Characteristics (Solution)
Project Financing
Benefit to Community
Dealing with Public Disclosure
Why is a P3 Approach Good?
Elevate our game move out of the comfort zone Mindset change
Be a leader Conceptual builders Identify and develop solutions Collaborative approach information exchange Understand all stakeholders success measures
and environments Implement integrated project delivery strategies Be a better service provider
What is Needed for Success Between Partners?
Process and a schedule Clear objectives defined success Exclusivity and Confidentiality Creative thought Flexibility and Decisiveness Persistence
What is Needed for Success from Public Partners?
Process and a set of rules Schedule for procurement Internal Champion Confidentiality A Good Contract
David C. Birtwistle Senior Vice President Balfour Beatty Construction 703-273-3311 [email protected] www.balfourbeattyus.com
Slide Number 1Why do We Pursue P3 Projects?Public-Private Partnership ExperienceWhat Kind of Projects?What Kind of Projects?How do We Approach a P3 Project?How do We Approach a P3 Project?How do We Approach a P3 Project?Why is a P3 Approach Good?What is Needed for Success Between Partners?What is Needed for Success from Public Partners?Slide Number 12