Abstract |
The financing of construction and expansion of wastewater treatment facilities using private resources, specifically public/private partnerships (P3s), is a viable option for community decision makers. As an introductory document, the brochure presents some background on P3 financing, outlines the steps necessary to move toward P3 financing, and addresses some issues about structuring a successful partnership agreement. On April 30, 1992, the option to use P3s was made easier when President Bush signed Executive Order 12803, encouraging the privatization of infrastructure assets by state and local governments, removing some prior obstacles. To implement the Executive Order, the U.S. Environmental Protection Agency (EPA) is reviewing its current policies and regulations. EPA intends to revise its programs as necessary to facilitate private investment in municipal wastewater treatment systems, consistent with the Executive Order. |