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Public Private Partnerships (P3)

road with head lightsbridge

PUBLIC PRIVATE PARTNERSHIP (P3s)

As “WE” begin a NEW YEAR AND DECADE there are many very important infrastructure projects that need to be completed which impact the health of Indiana’s economy.

Many projects have been planned for years, even decades and remain incomplete or stuck in government inventory due to the cost, political support, public support and/or poor planning.

As “WE” struggle to rebound from the current recession, the need to complete the projects becomes very important to the citizens of the state.  Infrastructure projects will create jobs, drive economic development and fix deteriorating roads, sewers, water treatment, trails, parks, public buildings and sidewalks for local, regional and state assets.

Many of the projects planned are doomed from day one because planners try to solve too many engineering principals, problems and suggestions in one fell swoop.  This does nothing except increase the cost and time required to complete the project.

Let’s scale down the projects, get the projects completed now and stop trying to solve all the problems and issues at one time.

Seel Jackson Consulting, LLC, encourages legislation that would expand the use of P3‘s to finance projects that are snuggled up due to needed funding to start and finish.  Funding these projects with investment from the private sector in the form of P3’s is the solution; not new tax revenues.

Seel Jackson Consulting, LLC was formed to assist local, regional, state and federal leaders to drive creativity, “outside the box” thinking, innovation, boldness, value creation and a no nonsense approach to get projects done now for the citizens of Indiana.

 


 

 

Posted by administrator Jan 04, 2011

Town Meetings on Light Rail

I just returned home from attending one of the early public hearings on the future transportation plans for Central Indiana. Once again, was amazed that the folks trying to get this off the ground are stuck looking  at plans that include more buses, bike trails, added highway travel lanes  and of course commuter and light rail. The public turnout was great, kick off presentation was very brief and sections of the auditorium were sectioned off for each mode of transportation.

 

The intent for the public hearings is to gain support for the entire intermodal plan. Plan is very comprehensive and bundles all modes of transportation which will make the money needed, “HUGE”.

 

My partner attended a different public hearing and his take away was that a realistic budget needs to be developed for capital finances and a realistic operations budget be established for phasing each mode of transportation. Mayor Ballard attended this session which shows that the City of Indianapolis has true interest in the project.  The transportation plan cannot rely on sales tax, property tax or income tax as the source for revenue for this project. There is already pressure on these revenue sources to meet current State and Local Services.

In our opinion, this transportation plan needs to be funded by the users and not the general public.

Posted by administrator Feb 23, 2010