In Short
The Situation: With aging infrastructure
threatening to slow implementation of automated vehicles
("AVs") and other connected technologies, the
public–private partnership (variously referred to as
"PPP," "P3," or "3P") is gaining
traction as a model for next generation infrastructure
improvements.
The Result: Increased collaboration among
public and private entities to promote emerging technologies is
resulting in the implementation of vehicle-to-everything
("V2X") technology and other intelligent systems in
cities across the country.
Looking Ahead: Public–private
partnerships generally create complex relationships that require
careful navigation, particularly in the technology sector. Public
and private partners should carefully evaluate prospective
partnerships and related agreements to ensure that legal issues are
appropriately addressed and analyze any national security concerns
prompted by foreign investment and cross-border projects.
