Oct. 3, 2023
P3 Bulletin
Nelson Mullins Orlando, FL partner Robert Alfert was recently quoted in a P3 Bulletin article published on Sept. 29 about balancing risk in public-private partnership (P3) agreements. Alfert provides valuable insight into the current state of the market, how it has changed in the last few years, and how it has affected risk allocations in P3 contracts.
“Many projects, including P3s, are still being drafted on risk allocations shortly after the financial crisis,” says Alfert. “Today, contractors have a whole lot more leverage…everyone is better served with a balanced, more fair contract.”
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