WASHINGTON, DC – Committee on Transportation and Infrastructure Chairman Bill Shuster (R-PA) and Ranking Member Nick J. Rahall, II (D-WV) named Rep. Sean Patrick Maloney (NY-18) to an exclusive panel focused on the use of and opportunities for public-private partnerships (P3s) across all modes of transportation, economic development, public buildings, water, and maritime infrastructure and equipment.
"Investing in infrastructure creates tens of thousands of good paying jobs, boosts our economy, and serves commuters and businesses for decades," said Representative Sean Patrick Maloney. "When I was working in both the private sector and the Governor’s office, I spearheaded initiatives to develop Public-Private Partnerships, because creative partnerships allow us to make strategic investments in transportation while lowering costs for tax payers."
"The private sector continues to show significant, growing interest in investing in infrastructure in the United States and internationally. But aside from a selection of highway projects, utilization of P3s in U.S. transportation, economic development, and water infrastructure has been limited," said Shuster. "Chairman Duncan and the members of the P3 panel will examine the role of public-private partnerships in our infrastructure and where greater opportunities may exist to leverage resources at the federal, state, and local level. The panel’s recommendations will be used as the Committee continues to develop future legislation."
"There’s no question that we must modernize our infrastructure across all modes of transportation and identify ways to finance these needed investments," said Rahall. "This bipartisan panel will help our Committee determine what role P3s can play in support of these efforts. I look forward to our work together in the months ahead."
The panel will examine the current state of P3s in the United States to identify: (1) the role P3s play in development and delivery of transportation and infrastructure projects in the U.S., and on the U.S. economy; (2) if/how P3s enhance delivery and management of transportation and infrastructure projects beyond the capabilities of government agencies or the private sector acting independently; and (3) how to balance the needs of the public and private sectors when considering, developing, and implementing P3 projects. The P3 panel’s work can serve as another tool the Committee uses to write the reauthorization of surface transportation programs, as well as other initiatives to improve the United States’ ability to utilize available resources and strengthen our infrastructure.
The Republican members of the panel are: John J. Duncan, Jr., TN, Chairman; Candice S. Miller, MI; Lou Barletta, PA; Tom Rice, SC; Mark Meadows, NC; and Scott Perry, PA. The Democratic members of the panel are: Michael Capuano, MA, Ranking Member; Peter A. DeFazio, OR; Eleanor Holmes Norton, DC; Rick Larsen, WA; and Sean Patrick Maloney, NY.