North Central Symposium | Public-Private Partnerships on Campus

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Click on session titles below to read session details and download slideshows. Thank you to all of our presenters!

General Sessions

ABCs of PPPs

Presented by Tad Guleserian

P3@UIC: Why and What it Looks Like

Presented by J. Rex Tolliver

Private-Private Partnerships: P3 for Private Institutions

Presented by Rich Michal

“As State funding for capital projects has become less available for Illinois universities, there is a growing trend toward the examination and use of Public Private Partnerships (PPP) to deliver qualifying capital projects. In the simplest of terms, PPP projects have the advantage of using off balance sheet private capital and capturing private sector construction efficiencies.

“Use of the design build process to deliver capital projects results in a more cost efficient and timely project delivery method than what is achievable within the State’s overly regulated capital delivery procurement process. The university does relinquish control over certain traditional roles when using a PPP and must agree to various financing conditions, which are dependent on the projects’ financing structure and economic viability.”
– website of the University Office of Capital Programs and Real Estate Services, University of Illinois System

Are public-private partnerships (PPPs or P3s) the answer to new building projects for cash-strapped colleges and universities? Or for colleges and universities that want to more strategically deploy their funds into their core educational mission? What internal capabilities does an institution need to take the plunge into the design, build, finance, operate, and/or maintain (DBFOM) world? How is risk reasonably and fairly allocated between the institution and its P3 partner and how much control and governance might be transferred? What asset types make sense as P3 projects? How does an institution evaluate if a P3 approach is the right solution? What must be done to launch a P3 project?

Gather with P3 experts to discuss these questions. It promises to be a stimulating day of engagement and networking with other planners in a vibrant campus setting.

Learning Outcomes

Describe the fundamental structure of any public-private partnership (P3) for a capital project.
Explain the key opportunities and challenges that P3 building projects present to higher ed institutions.
Discuss the lessons learned from recent P3 project experiences.
Decide if and when P3 is the right strategy for your institution’s next building project.

Continuing Education Credits:

AIA LU 4.0 units (SCUPC19M103) / AICP CM 4.0 units