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ARTICLE · 02 SEPTEMBER 2022

Public-Private Partnerships Are Energizing Higher Education Institutions

Bilzin Sumberg Baena Price & Axelrod LLP
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In our last post, we discussed how in recent years colleges and universities have been among the most successful users of the public-private partnership ("P3") model.

United StatesGovernment, Public Sector

In our last post, we discussed how in recent years colleges and universities have been among the most successful users of the public-private partnership ("P3") model. The uptick in higher education P3 utility projects comes as no surprise given the unique demands and features of most institutions, which often rely on government funding, donations, and increasing debt to support their operations and programming. In particular, higher education institutions across the nation have looked to the private sector's expertise and capital for cost-effective and innovative solutions that shift institutions' risks and burdens associated with operating and maintaining energy and water utility systems and related infrastructure, especially in light of the growing demand placed on aging facilities and systems.

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