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ARTICLE · 13 MAY 2026

America’s P3 Pulse Check

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The Global Infrastructure Investor Association has released its P3 Report Card, grading all 50 U.S. states on their readiness to leverage public-private partnerships for infrastructure development.

United StatesGovernment, Public Sector

The Global Infrastructure Investor Association (GIIA), together with the P3 Bulletin, has recently published its “P3 Report Card”, which grades the readiness of each State of the United States to improve its infrastructure using the public-private partnership (P3) model.

The report card aims to increase conversation among State officials about the use of the P3 model and showcase the role the private sector can play in creating new and improved infrastructure. It arrives at a pivotal moment for American infrastructure. Across the United States, aging transportation systems, water infrastructure, energy grids, airports, and social infrastructure are placing growing pressure on public budgets, with the American Society of Civil Engineers noting in its 2025 Report Card that approximately $9.1 trillion would be required to bring U.S. infrastructure into a state of good repair across sectors such as highways, airports, seaports, and transit. At the same time, institutional investors

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