Facing Project Funding and Other Challenges
Concrete steps for increasing the odds of project success.
As the public shies away from gas consumption and automobiles for various reasons, we will continue to see an increase in ridership of public transportation. As such, the use of alternative delivery methods is also on the rise, and we expect strong PPP legislation to reach a majority of states within the next five years. Although more transit is needed, gaining public support remains a challenge, which is why early communication with stakeholders is extremely important.
Developing partnering programs is one way to gain early support for projects. They also help to reduce costs during construction. During contract negotiations, increase competition for your project by making sure risks are appropriately assigned. This will ensure lower pricing and better innovation for your project.
Christie DeLuca is the communications manager for Flatiron.
