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In the United States, governments are increasingly turning to public-private partnerships (P3s) to implement public infrastructure works. Here’s why the benefits of P3 project delivery, not just financing, will continue to shift the market in this direction.

The World Economic Forum ranks US infrastructure behind that of most other comparable advanced nations such as Singapore, Germany, and the United Kingdom.1 And it will get worse: from 2013 to 2020, cumulative US infrastructure needs are estimated to be nearly $3.5 trillion.