Global infra giants band together to launch
US P3 advocacy group
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Major infrastructure companies in the US have joined to form the Association for the Improvement of American Infrastructure (AIAI), a first of its kind, non-profit organization tasked with shaping the direction of the national P3 marketplace.
AIAI Chairman William Marino, also current CEO of Star America Infrastructure Partners, told InfraAmericas that the group was formed out of a general frustration among top industry players who want to see increased P3 deal flow in the US.
The organization, which Marino said has already garnered a tremendous amount of interest, will be broad-based, advocating for civil and social infrastructure P3s at the national level, with member support from leading construction firms, investors, developers, service firms, planners, and academics.
The group has already identified several, long-term initiatives that it hopes to positively impact: new P3 legislation, facilitative implementation for government agencies, creative tax solutions, informed decision making, and institutionalized processes.
Overall, the goal is to shape a clear, sustainable US P3 project pipeline by providing clarity to politicians, procuring authorities, and the general public, similar to what PPP Canada has accomplished.
“We want to correct the misinformation that is so often published and help those trying to pass P3 legislation by supporting those initiatives with informed data. In some cases, we will support lobbyist efforts to get a piece of legislation passed, if the board deems it appropriate,” Marino said.
Fluor Senior Vice President Richard Fierce, president at AIAI, added, “We’re not trying to push one project or another over the finish line. It’s about looking across the whole industry in the US, using the industry’s global experience to help bring some solutions to bear.”
Fierce added that the goal was not to “force everyone into the same mold” but rather create some semblance of uniformity so “it’s not like reinventing the wheel with every single deal. That’s one of the reasons that deal flow has been fairly anemic in the US to date, even within a given state, from one project to the next.”
AIAI has a seven member board of directors:
- William A. Marino, Star America
- Sal Mancini, Star Americas
- Richard A. Fierce, Fluor
- John McArthur, Kiewit
- Mike McNally, Skanska
- Nicolas Rubio, Cintra US
- Juan Santamaria, ACS
The group is currently accepting regular (voting) and affiliate (non-voting) members. Application information is available here.