Public-Private Partnerships

Increasingly, governments are turning to public-private partnerships to complete major infrastructure projects faster and at lower cost than the public sector can achieve alone, with more than $36 billion in P3 projects completed in the United States in the last decade alone.

Success in P3 projects is aided by experienced and skilled legal counsel. Troutman Pepper Locke brings together interdisciplinary experience to help clients efficiently navigate the lifecycle of complex infrastructure projects, including all stages of P3 projects. Our P3 team draws on attorneys from our Construction, Finance, Capital Projects and Infrastructure, Energy, Government and Regulatory, Intellectual Property, Environmental, and Tax practices to develop comprehensive solutions for issues unique to P3 projects.

We represent sponsors, investors, infrastructure funds, commercial banks, developers, design-build joint ventures, and utilities at every stage of the project development process. Our work includes:

• Identification of P3 opportunities
• Project due diligence, including environmental, real estate, and regulatory advice
• Negotiation of project agreements
• Advising on financing structures
• Negotiation of financing agreements
• Preparation of bid materials, including responses to RFQs and RFPs
• Advising on project administration issues
• Navigating and using tax incentives
• Advocacy in disputes and litigation, including design-build joint venture disputes