Major airport projects look to be back in vogue in the US, led by the recent announcement on Dulles Airport.

https://www.partnershipsbulletin.com/article/1941877/p3-plans-sought-dulles-revamp

In our last episode of 2025, the team discuss what we can expect to see as we head into 2026 in this market.

Topics include:

• The politics surrounding new airport projects - 5:00
• Beyond JFK and Dulles - what else is on the horizon? - 8:25
• Learnings from our recent roundtable - 15:56

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Sia Kusha, group head of business development and partnering at Plenary Americas, speaks to Jonathan Davies in this second of a two-part interview. They look at the federal infrastructure landscape across North America, plus:

• Potential of surface transportation reauthorization - 4:01
• Bringing “American dollars” into projects - 8:39
• A view on Canada’s P3 landscape - 13:44

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Sia Kusha, group head of business development and partnering at Plenary Americas, speaks with Jonathan Davies about the P3 landscape and how the model is developing. They also consider:

• The concept and evolution of risk transfer - 5:37
• Political and regulatory uncertainty - 7:55
• Innovation in the procurement approach - 12:00
• Horizontal versus vertical infrastructure progress - 15:03

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Following Chancellor Rachel Reeves’ Budget speech this week, the Partnerships Bulletin team highlight some of the main outcomes for the infrastructure and PPP market.

For more in-depth analysis and reflection on the Budget announcement, tune in next week to our webinar, bringing together experts to give the market’s reaction.

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Join the 3Ps in a Pod team in this free special as they flick through the latest findings from P3TER, the bespoke AI tool that listens to municipal meetings. From feasibility plans to winner selections, catch up on this week's updates here.

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Paul Jarvis speaks to Lisa Mitchell, president & chief executive of the Canadian Council for PPPs (CCPPP), reflecting on how the market is reacting and adapting to a changing environment and working out where the P3 market fits into the federal government’s drive for new infrastructure.

Lisa begins by exploring the opportunities and challenges in the latest Canadian Budget. She also considers:

• How different levels of government are interacting with the P3 industry - 4:05
• Growing interest from municipalities - 7:37
• The priorities for CCPPP in 2026 and beyond - 9:52
• Learning the progressive P3 lessons - 15:34
• Progress on handback - 19:14

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The future of UK PPP is facing a critical moment, and the team discuss the latest rumours and expectations as the Budget looms large. Paul also brings in experience from his recent chairing of a Burges Salmon panel session on the future of PPP and experiences of the mutual investment model (MIM).

Kicking off with a conversation around what we could see in the Budget, the team move onto a number of related areas, including:

• The future of health PPPs - 5:10
• Where else should the industry and government be focusing attention? - 9:58
• Lessons learned and future models - 16:00
• Public stakes in projects - 18:20
• The future of payment mechanisms - 21:04

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Jonathan Davies speaks to Steve DeWitt, chief executive at ACS Infrastructure Development in North America, about the potential of SR 400 to be a trailblazer in a new era of P3s.

They also consider how the market is evolving as projects grow in size and complexity. DeWitt also speaks about:

• Working with different partners and contractors in the current risk environment - 5:50
• The politics of tolling - 8:16
• The approach of the federal government and streamlining permitting processes - 13:25
• Bringing through the next generation - 16:50

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In our 100th episode, the team consider some common themes affecting the global PPP landscape, as well as some of the barriers to developing strong pipelines and projects.

From North America to New Zealand, the team discuss the latest developments and market dynamics, bringing in their recent experiences in New York and Toronto to give a perspective on how politics and possibilities are shaping the global PPP market.

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Paul Jarvis speaks to Duncan Ball, chief executive of BBGI, at the Canadian Council for PPPs annual conference in Toronto. 

They discuss BBGI’s prospects and plans following the acquisition of BBGI by British Columbia Investment Management (BCI) earlier this year. Ball also looks at the global infrastructure and PPP market to consider where future opportunities might emerge.

The conversation includes:

• Insight into BCI’s acquisition of BBGI and the future opportunities this creates (56 seconds)
• The importance of the Canadian market (4:57)
• Risk-return in the PPP market (8:46)
• Tackling handback and contract expiry (14:30)

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Recent figures revealed that backlog maintenance costs have increased by over £2bn in the past year alone. 

As we await the government’s plans for PPP investment in neighbourhood health centres in next month’s Budget, Paul Jarvis and Jonathan Davies consider how private finance can help get to grips with this growing problem.

The team discuss:

• The scale of backlog maintenance
• Why neighbourhood health centres will only scratch the surface
• What the UK could learn from other countries

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Operations & maintenance (O&M) may not be the most exciting aspect of a new project, but over a long-term contract they can be the most important.

So as more procuring authorities look to drop O&M from their partnership contracts, where does this leave the market - and how exposed are the assets to facing public sector cuts?

The team discuss:

• Examples of O&M being cut to make savings - 1:50
• The UK’s experience of ‘inflexible’ long-term O&M regimes - 8:05
• Pros and cons of O&M ‘lite’ - 15:14
• The importance of keeping buildings properly maintained - 17:12

For an in-depth read on O&M in the US, click here.

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Squire Patton Boggs partner Rodney Slater and senior policy advisor Bill Shuster bring their experience of working on Capitol Hill to consider where the infrastructure and P3 market stands under the current administration.

They talk to 3Ps in a Pod about:

• Reauthorization and how P3 can put its best foot forward - 4:31
• How to bring American firms back to the P3 market - 8:26
• Dealing with politics in infrastructure - 11:21
• Penn Station: “Our front door to the world” - 15:49
• Transportation Secretary Sean Duffy’s progress to date - 18:09
• California High Speed Rail - 20:08

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Do the changes in the UK government threaten the development of PPP plans? And how can historic issues in PFI contracts be effectively managed to ensure any new programme is a success?

• The need for a political champion - 2:03
• Taking a holistic approach to development - 10:55
• Dealing with change in long-term contracts - 12:27
• Making the positive case for PPP - 20:18

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The Canadian market remains one of the most significant in the world - and Alberta has underlined that narrative in recent weeks. But is there more that needs to be done to safeguard the market’s future and ensure a vibrant industry survives?

Topics include:

• The impact of the federal government’s plans - 2:01
• Views on how the market can improve - 8:45

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Plenty of interest appears to remain for the Dublin MetroLink project, but can the PPP deal overcome hurdles and uncertainty caused by the recent cancellation of a social housing scheme?

Topics include:

• Competition and capacity - 4:54
• Political uncertainty - 7:35
• Questions of pipeline - 10:16

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Mike Schneider, partner and co-founder of InfraStrategies, has over four decades’ experience in the infrastructure sector. Formerly senior vice president of HDR, he served as director of the firm’s global strategic consulting practice and as director of professional services. Prior to that Schneider co-founded InfraConsult, a firm specializing in project development, program management and P3s, which he led as chief executive. That followed 30 years at Parsons Brinckerhoff, which subsequently became part of WSP. Schneider began his career in the public sector with the City of Los Angeles Department of Transportation.

He discusses:

• How to conduct a successful ballot measure from 08:32
• The growing role of politics in projects from 12:45
• Creativity in procurement from 17:39

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In this brand new series, the team will look at P3TER's findings from local authority meetings in greater depth, to consider the trends and pick out some of the wider opportunities that P3TER’s results may be pointing towards.

P3TER: Locked and Loaded is a subscriber-only series, however you can listen to the first bonus episode for free below.

Look out for the first full episode next week.

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