Public/Private Partnerships

Stradling brings extensive experience, longevity of practice, and a track record of realizing the right outcome across a wide variety of public/private partnership (P3) projects. We work collaboratively with client teams in connection with procuring and providing property management, operations and maintenance, and sponsorship programs for P3 projects, including single-purpose, mixed use, and institutional developments.

We know how to execute P3 project financings, which are usually on strict timelines and have federal, state, and local funding sources that require compliance with a variety of funding requirements and legal regulations. Legal documentation for property management, capital facilities, and other project implementation is important to ensure a P3 project is well managed, operated, and professionally and cost effectively maintained while sustaining revenue neutrality and, if possible, raise positive revenues for the sponsoring public entity. In connection with P3 implementation, our services include:

• Providing advice and consultation to the governing board and staff, as well as consultants
• Meeting and conferring with developers and other service providers as requested by staff
• Providing advice on project feasibility and risk analysis, as well as evaluating value for money reports if legally required (or determined by staff to be appropriate)
• Negotiating, drafting, and/or reviewing various project agreements
• Representing the public entity in connection with validation, CEQA, NEPA, financing, and litigation matters

Stradling has significant experience with and advises public entities on P3 projects involving compliance matters and reporting. We also prepare agreements, resolutions, and notices, and provide advice on matters when consulted. As needed, we regularly attend board meetings, staff meetings, and all aspects of project planning and implementation.