By PublicFacilities|2024-12-09T19:48:21+00:00September 27th, 2018|Project News, Resources|
The $302 million Vermont Corridor Administrative Offices Building for the County of Los Angeles is our most recent project to reach financial close. It employs the New American Approach P3 development model and has already produced a project savings of $60 million when compared to the County's original projected budget. According to the County's [...]
By PublicFacilities|2017-12-07T18:31:16+00:00December 7th, 2017|Company News, Resources|
We are honored to have been included in the recent issue of The Illinois Municipal Policy Journal, a collaboration of the Illinois Municipal League, the School of Public Service, and the Chaddick Institute at DePaul University. The Journal has included our study and theoretical cost comparison in it's most recent volume. The goal of the publication is [...]
By PublicFacilities|2016-11-16T00:44:27+00:00August 30th, 2016|Industry News, Resources|
Many thanks to PM Magazine for publishing John Finke's article on how to structure your RFP when pursuing a Public-Private Partnership. The article includes six key elements that help government agencies zero in on the most important aspects of each development team submission. Read More at PM Magazine: The Outcome-Focused RFP Or download the Article [...]
By PublicFacilities|2016-08-18T16:14:12+00:00August 18th, 2016|Company News, Industry News, New American Approach, Project News, Uncategorized|
PFG President, John Finke was interviewed by The Bond Buyer’s far west regional editor, Keeley Webster, to discuss the Vermont Corridor project recently approved by L.A. County. Ms. Webster writes: There are two ways that government can take control of the 501(c)3. When the debt is paid off, PFG transfers fee ownership. The government entity also can replace [...]
By PublicFacilities|2024-12-09T19:53:45+00:00June 17th, 2016|Industry News|
We agree wholeheartedly with the pitch that private expertise reduces cost on a project. We have seen this kind of benefit and savings first hand on all 28 of the projects we have been involved in. The problem lies in financing the project with equity and taxable debt as well as the very expensive operations [...]
