Public-Private Partnerships (P3) are partnerships formed between public entities like the Georgia DOT and private companies and can complement Georgia DOT’s other traditional and innovative delivery methods. Such a partnership allows the State to better allocate the limited resources we have for transportation projects by leveraging private sector innovation and capital.
These partnerships accelerate project delivery, provide access to additional capital, enable a longer-term view of asset management, and can reduce public cost and debt requirements. As a result, Georgia can offer enhanced and expanded mobility options for the traveling public and freight transportation.