4th Infraday FL Insights: Navigating Challenges and Opportunities in Florida's P3 Market
At the 4th InfraDay Florida Conference held on February 25, 2025, at the Mr. C Miami | Coconut Grove Hotel, a panel of industry experts convened to discuss the critical role of Public-Private Partnerships (P3s) in addressing Florida's growing infrastructure needs. The session, titled "Funding the Future: Public-Private Partnerships in Infrastructure," explored how Florida is leveraging P3s to deliver essential projects efficiently and cost-effectively.
Funding the Future: Public-Private Partnerships in Infrastructure panel
The 4th InfraDay Florida Conference, held at the Mr. C Miami | Coconut Grove Hotel, featured a pivotal panel discussion titled "Funding the Future: Public-Private Partnerships in Infrastructure." This session explored Florida's strategic use of public-private partnerships (P3s) to address growing infrastructure needs and funding challenges.
Funding the Future: Public-Private Partnerships in Infrastructure
As infrastructure needs grow, funding remains a major challenge. This panel will explore how Florida is leveraging public-private partnerships (P3s) to deliver critical projects on time and within budget. Panelists will share successful examples of P3s in action, highlight innovative financing approaches, and discuss how risk is shared to create mutually beneficial outcomes for public agencies and private investors.
Moderated by AJ Waters, Chief Evangelist at Kahua, the panel brought together diverse expertise:
Arthur Terechtchouk, Partner, Capital Advisory & Transformation at Superset Infrastructure
Brent Tasugi, Managing Director at I Squared Capital
Karly Pulido, Sustainability Officer at Miami Dade County Public Schools
Matt Chesnut, Vice President of Business Development at Space Florida
These industry leaders shared insights on successful P3 implementations, innovative financing approaches, and effective risk-sharing strategies. The discussion highlighted how Florida is leveraging P3s to deliver critical projects on time and within budget, creating mutually beneficial outcomes for public agencies and private investors.
The panel's focus on real-world examples and practical solutions provided attendees with valuable perspectives on navigating the complex landscape of infrastructure development and financing in Florida.
Highlights from the panel:
What are you seeing that public agencies do to reduce delivery risk and improve project delivery of P3 projects?
Public agencies are prioritizing the enhancement of their project management practices through a multifaceted approach. This includes actively sharing lessons learned from past projects, refining and streamlining operational procedures, and leveraging advanced Project Management Information System (PMIS) solutions to effectively manage assets throughout their entire lifecycle. Concurrently, there's a growing emphasis on optimizing risk allocation strategies, with a particular focus on transferring specific risks to private sector entities that possess the expertise and capabilities to most effectively manage and mitigate these challenges.
What are some of the emerging trends you are seeing driving the next generation of P3 projects?
The next generation of P3 projects is being shaped by several emerging trends that reflect a more sophisticated and collaborative approach to project delivery. Both public and private sectors are demonstrating increased selectivity in project participation, conducting more thorough analyses to ensure alignment with their strategic objectives and capabilities. This heightened scrutiny is leading to better-matched partnerships and more viable projects. Concurrently, public sector owners are taking on a more proactive role in project delivery, aligning their involvement more closely with their obligations under Project Agreements. This shift is fostering improved communication and reducing potential conflicts during project execution.
Another significant trend is the widespread adoption of specialized Project Management Information System (PMIS) solutions. These platforms are evolving beyond simple collaboration tools for owners and Joint Ventures, expanding to meet the diverse needs of a broader range of stakeholders. The inclusion of independent certifiers, financiers, and the public in these systems is enhancing transparency, streamlining reporting processes, and facilitating more effective project oversight. Additionally, we're seeing a growing emphasis on sustainability and resilience in P3 projects, with many incorporating green infrastructure elements and climate adaptation measures. There's also an increasing focus on social impact, with more projects including community benefit agreements and local economic development initiatives.
AJ Waters (Kahua) and Arthur (Superset) at the 4th InfraDay Florida Conference
Mr. C Miami | Coconut Grove Hotel
Learn More about MTO’s digital transformation
