New ideas for revenue-generating projects sought.
- The US Army Corps of Engineers (USACE) will relaunch its public-private partnership program
- The program was put on hold until a pilot program policy could be developed
- The corps is specifically looking for projects, which have stable revenue streams
The US Army Corps of Engineers (USACE) will relaunch its public-private partnership program now that that the 35-day, partial government shutdown is over.
Program Manager Aaron Snyder told Icons of Infrastructure that the corps will, once the Office of the Federal Registrar re-opens, release an RFQ seeking input from non-federal entities and the private sector on the types of projects that would be strong candidates for P3 procurement. He noted that the request for information and ideas will be announced in the Federal Register, and remain open for a 60-day period.
“The Corps is looking to work on and expand previous efforts, as well as generate ideas from others as to how P3 can be applied to corps projects,” Snyder said.
Snyder added that the USACE is specifically looking for projects, which have stable revenue streams, including ports.
“The corps is looking to work on and expand previous efforts, as well as generate ideas from others as to how P3 can be applied to corps projects,” Aaron Snyder, Program Manager.
“We will have to work each project individually and then work with sponsors to determine where the benefits are, what the revenue might be, and where we can share risk,” he said.
USACE began its program five years ago, and identified the Fargo Moorhead Flood Diversion project as a P3 candidate. However, Congress in FY 17-18 restricted additional P3 efforts until the corps had developed a P3 policy.
The September 18, 2018 pilot program policy as outlined by Assistant Secretary of the Army R.D. James can be can be found by clicking here. The policy was approved earlier this month.