In a “classical” [private-public-partnership or P3], a government typically uses a consortium of private sector firms to finance, design, construct, operate and maintain some new physical public infrastructure. Despite the increasing use of [P3]s, evidence shows that many [P3]s have produced unsatisfactory outcomes, including high transaction costs and project bankruptcy.Read More

You probably just read Part I of this P3 Hospitals article, but in case you then took a juice break, or a yoga break, or a few minutes to breathe deeply or pound a couple of shots of tequila, let me remind you why, according to Premier Stephen McNeil, hisRead More