Large and complex P3 projects require strong financial relationships, local resources, proven capabilities, and adept, innovative and technically competent teams.
P3s can provide benefits to the public sector, including reduced construction, operations and maintenance costs, a wide array of financing tools, and the ability to transfer long-term performance risks, including operations and maintenance, to the private sector.
In addition to P3s, Flatiron delivers projects using various combinations of short-term financing, operations, and/or maintenance services. Like P3s, these alternative delivery methods enable owners to transfer risk – for financing, operations, or maintenance – to the private sector. These procurement methods offer the public sector additional flexibility, and the ability to evaluate which combination of these services provide the best value for money for each project and its specific attributes.
As a subsidiary of HOCHTIEF, one of the world’s largest international construction service providers, Flatiron offers clients 25 years of global P3 experience. Flatiron partners with HOCHTIEF PPP Solutions to offer clients full-service design, build, financing, operations and maintenance services on P3 projects across North America.