What are the key benefits of P3s, and how will P3s benefit Arizonans?
P3s make it possible to deliver much needed transportation projects in a timely manner, often years before the projects could be delivered using traditional project delivery methods. Because P3s are business ventures for the private sector, the private sector has become very efficient at delivering projects under this method. These efficiencies, combined with the private sectors resources, provide a more effective life-cycle cost and timely approach to delivering projects and provide a greater value for money for the public owner. In short, P3s will make it possible for Arizonans to get much needed transportation improvements faster than if conventional delivery methods are used, thus providing more travel options, reducing congestion, and improving roadway safety for Arizonans.
