CommuniTIES: P3 – public-private partnerships – explained

Welcome to CommuniTIES, the Baker Tilly podcast series where we speak with public sector leaders from across the firm about practical guidance to help governmental entities protect and enhance their value.

Baker Tilly’s economic development and municipal advisory specialists define and distinguish public-private partnerships (P3) in this CommuniTIES podcast. We explain P3 from the public sector perspective and share what it is, the types of projects that involve P3 partnership arrangements and why P3s are important to governments and communities. We also explore the potential changes and implications with P3s under the new Biden administration and share insights and opportunities related to the recently signed American Rescue Plan.