Build to Suit
Build to Suit projects are some of the most common Public Private Partnerships being requested today and can be structured in a variety of ways.
A P3 Connection Solution provides you with the opportunity to build a brand new facility without requiring a bond issue and without any upfront funding necessary from your community.
How does a Build to Suit
Public Private Partnership work?
The Government Partner provides specifications for a new or Renovated Public facility.
The Private Partner provides the construction services to build or renovate the new facility.
The Private Partner provides 100% of the capital required for the project.
The Government Partner leases the facility from the Private partner (typically 30 years).
The Government Partner has the option to purchase the facility at lease end, typically for $1.00.
Are Design & Engineering Services available?
Yes, the Program and Terms are identical to the Build to Suit option but the Private Partner can also offer Architectural and Engineering Services as well.
Architectural Design and Engineering Services are currently available for Office Buildings, Hospital and Medical Facilities, Sporting Arenas, Manufacturing Facilities, Jail & Prison Facilities and Universities & Schools.
Additional services are continually being added. Please ask us about your specific need.
Advantages for your Community
Turnkey Project: Private Partner delivers a complete Turnkey Project for your Community
All Project Types: Private Partner has the ability and experience to construct virtually any project type
100% Financing: Private Partner provides 100% of the upfront costs to construct the facility
Flexible Terms: A variety of payment options are available to fit your budget, including:
Fixed Interest Rates, Deferred Payments, Escalating Payments, and
Repayment options up to 30 years
Purchase Option: Government Partner can purchase the asset for $1.00 at the end of the term