Public Private Partnerships (PPP'S or P3's) represent agreements between the private sector and government entities for the purpose of providing public infrastructure, community facilities, and related services. They are characterized by the allocation of investment, risk, reward and responsibility to the private sector.
Facing a $500 billion infrastructure deficit in California over the next 20 years, Government is turning to the private sector to design, build, finance, operate and maintain (DBFOM) public infrastructure.
Recognizing the need and using its deep experience in working with the public sector on the entitlement and redevelopment of under-developed urban land, MVI is placing a particular focus on seeking out and implementing Public Private Partnerships. Examples of projects MVI is undertaking include:
- A recently completed building for the United States Government undertaken under a DBFOM model
- Assembly and local leadership of a consortium of international infrastructure players to bid on a new Courthouse facility
- Leadership of a California based design, construction and operations team to undertake a Civic Center project for a Northern California city under an Exclusive Right to Negotiate
- Concept initiation and local leadership of an international team to win a concession on a key utility facility
