Public Facilities Group (PFG) is a leading practitioner of Public-Private Partnerships (P3) for Social Infrastructure. Our professional staff have completed 28 projects with a total development cost of $1.8 billion. Each of these projects have been completed on or ahead of schedule and on or under budget with a lower cost than our public partners had experienced with alternative delivery models.
We advocate the use of the New American Approach of P3 delivery for Social Infrastructure. This approach blends tax-exempt financing with private development, operations and maintenance, to maximize public benefit and minimize public cost. The New American Approach offers private guarantees of both cost and schedule and builds in safeguards that allow the public to secure ultimate project control whenever they desire to do so.
Our team has significant experience in real estate development and finance. In Public-Private Partnerships we assist the public in structuring P3 delivery and we serve as the obligated party, using 63-20 and 501(c)(3) bonds to finance and own public facilities for the public benefit.
Our experience is diverse. We have worked with public universities developing student housing, dining halls, and research facilities, with cities constructing city halls and parking garages and with counties and state governments delivering administrative buildings, medical office building and justice centers.
We are proud of our track record in helping public agencies find cost-effective and efficient solutions to their own operational needs as well as those of their constituents.