A legal decision in Virginia with potential ripple effects on the ability of states across America to finance transportation improvements through public-private partnerships (P3s) will be a key focus of the American Road & Transportation Builders Association’s (ARTBA) milestone 25th Annual P3 in Transportation Conference, scheduled July 24-26 at the Grand Hyatt in the Nation’s Capital.
At issue is a May 1 declaration by Virginia circuit court judge James A. Cales, Jr., that the tolling provisions of the Elizabeth River Crossing project and others established under the Virginia Public-Private Transportation Act (PPTA), violate the state’s constitution. The ruling is significant because the Virginia PPTA tolling provisions are similar to those used in a number of other states and could provide a blueprint for opponents to challenge P3s nationally. A panel of experts will discuss the case and ARTBA will share the legal steps it is pursuing.
The ARTBA conference, the industry’s oldest and most-respected innovative financing event, will bring together several hundred project owners and developers, and feature 18 informative and interactive sessions on these topics:
- P3 Owners’ Roundtable: Project Pipelines
- Tracking MAP-21 Improvements and 2014 Reauthorization Needs
- Constitutional Challenges to P3s and What They Mean for Project Development
- Operations and Maintenance Issues in Transportation Infrastructure
- P3s in Transit
- P3s in Ports & Waterways
- Design-Build vs. P3—How States Make Procurement Choices
- Toll Risk v. Availability Payment
- Adopting Value for Money Analysis
New to this year’s agenda, ARTBA and the George Mason University School of Public Policy have teamed-up to offer research-based sessions, including: “Reaching Commercial Close for a P3;” “Canadian and U.S. P3s—A Comparative Discussion;” and “Recent State P3 Legislation.”
Click here to view the program and register, or contact ARTBA’s P3 Division Managing Director Hank Webster at (202) 289-4434, or email@example.com, for more information and sponsorship opportunities.