Learning Resources

Abstract: Both the City of Bridgeport and the University of Bridgeport were experiencing a renaissance before Superstorm Sandy struck in 2012. Now, they are working together to catalyze greater growth through a commitment to environmental resilience. The city and the university have partnered on a new project that achieves different, but compatible goals. This approach has created access to additional (and unusual) project funding and financing. In this session we will outline strategies for identifying multi-benefit projects, including finding potential partners and alternative avenues for project implementation.

Abstract: Public-private partnerships—in which public and private sector entities partner to deliver a service or facility for the use of the general public—are spreading in the United States and elsewhere as cash-strapped public entities seek investment funds from private sources. However, it is important not to let immediate challenges and opportunities cause one to lose sight of long-term obligations. In this article, we underscore the importance of taking the long view and share lessons learned regarding finance, planning, and negotiation at institutions that have employed the P3 process. We also offer additional best practices regarding campus master planning to ensure a successful P3 process while maintaining the long-term integrity of the campus.