Innovative Financing for Complex Infrastructure Programs
Aligning Your Delivery Model with Your Program Goals in Mind
Paslay Group approaches P3 advisory from the owner’s perspective. Our team includes former airport executives, P3 industry leaders, public-sector leaders and investment bankers who understand the operational, financial and governance realities owners navigate throughout major infrastructure programs.
Value to you:
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Determine and Optimize Project Delivery Model
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Maximize Revenue Generation and Protection for Owners
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Project Elements Align with Owner Objectives
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Support and Advise Owners Through Procurement and Project Negotiations
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Place Risk with Party Best Equipped to Manage it
Paslay Group Experience and Impact
$60+B
Total project value
50+
Total number of projects
Project Examples
Finding Solutions to Meet Your Needs
Conventional delivery methods continue to serve many programs effectively. However, some projects require a more integrated approach capable of addressing:
- Greater Cost and Schedule Certainty
- Accelerated Project Delivery
- Performance-Based Operational Accountability
- Private Sector Innovation and Technical Expertise
- Aligned Governance and Procurement
- Coordinated Stakeholders
- Alignment of Program Goals with Day-to-Day Execution
For many owners, the challenge is not simply how to build and finance the project. The challenge is how to structure the program in a way that supports long-term operational, financial and organizational goals. As a trusted advisor we work directly with the project owner to determine a structure that best fits their needs.
When To Choose an Alternative Delivery Model
P3s tend to offer the strongest outcomes when one or more of the following are priorities:
- Reduced exposure to claims and change orders
- Lifecycle and whole-life cost efficiencies
- Financing flexibility beyond traditional financial structures
- Reduced exposure to long-term revenue volatility
- Long-term risk transfer tied to a single accountable private partner
The appropriate delivery strategy depends on the owner’s goals, risk tolerance, development and operational control requirements, and long-term program objectives. Every program has unique objectives and constraints. We provide the guidance, clarity, and insight necessary for you to make the best informed decision for your program needs.
How We Can Help
P3 Advisory & Readiness Assessment
Helping owners determine whether a P3 structure aligns with program goals, operational priorities and organizational readiness.
Includes:
- P3 Readiness Assessments
- Delivery Model Evaluation
- Value-for-Money Analysis
- Governance & Procurement Strategy
- Strategic Financing Options
- Procurement Execution
Financial & Commercial Structuring
Aligning financing strategy, commercial structure and lifecycle considerations with long-term owner objectives.
Includes:
- Strategic and alternative financial strategy
- Additional revenue stream development
- Financial risk evaluation
- Lifecycle and operational cost planning
Procurement & Industry Engagement
Supporting owners through complex procurement processes and commercial and financial negotiations.
Includes:
- RFQ and RFP management
- Project Documents development
Program Delivery & Owner Representation
Providing executive-level oversight and owner-aligned coordination throughout implementation and execution.
Includes:
- Executive Program Management
- Stakeholder alignment
- Risk and performance oversight
Types of P3 Structures
Different Public-Private Partnership models allocate financing, revenue responsibility and risk in different ways. Selecting the appropriate structure depends on the owner’s objectives, funding strategy and long-term operational goals.
Availability Payment Model
The private partner designs, builds, finances and maintains the asset, while the owner makes performance-based availability payments over the life of the agreement.
Key Characteristics
- Owner retains revenue risk
- Performance-based availability payments
- Predictable lifecycle costs
- Long-term asset maintenance
Revenue Risk Model
The private partner assumes responsibility for generating project revenues and accepts the associated revenue risk in exchange for the opportunity to earn returns from the asset.
Key Characteristics
- Private partner assumes revenue risk
- Revenue-based compensation
- Commercial incentives aligned with performance
- Long-term concession structure
Let’s talk about whether a P3 is the right tool for your next major capital project.
Larry Belinsky, Principal
Capital Structuring & P3 Advisory
lbelinsky@paslaygroup.com
917-860-1327
