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      COPRI Alternative Finance For Waterways Infrastructure

      To evaluate Public Private Partnership (P3) authorization under the Water Resources Reform and Development Act of 2014 (WRRDA). P3 is not a new concept. The private sector historically had an important role in highway construction operation and financing in the early development of the U.S. In the mid-part of the 1800s, private sector financing and operations declined. In the late 1980’s, P3 remerged for highways (i.e., toll roads, bridges and tunnels). Today, many of our nation's critical infrastructure projects for transportation are evaluating innovative financing. Of all the P3 transportation projects started in 2005, the U.S. has reached financial closure for 15 projects since 2009 at a total value of $21B. In Canada, 13 projects have reached financial closure since 2009 at a total value of $10B in Canadian dollars. Since 1989, there have been over 100 P3 projects with a total value of $54B. Due to the passage of WRRDA of 2014, the Water Infrastructure P3 Pilot Program authorized a 5-year pilot program to identify up to 15 previously authorized navigation, flood damage reduction, and hurricane/storm damage reduction projects for private participation. This enables an innovative agreement with the private sector for projects from planning, design to construction. A non-federal entity or a consortium of one or more private entities or a public authority could participate in the funding, operations, maintenance, and replacement or major rehabilitation of locks and dams under a real property instrument and cooperative agreement while still owned by the Federal government.

      Committee Members

      Robert J Beduhn, P.E., M.ASCE
      Chair

      Sujan Punyamurthula, P.E., C.Eng, M.ASCE
      Vice-Chair

      John D Francescon, P.E., M.ASCE
      Secretary

      Chris Accardo
      Member

      Scott Arends
      Member

      Kelly J. Barnes
      Member

      David Baxter
      Member

      Jonathan Benvenuto
      Member

      Todd S Bridges
      Member

      Elizabeth C Burkhart, P.E., D.PE, M.ASCE
      Member

      Andrew Henry Cairns, P.E., D.PE, PMP, M.ASCE
      Member

      John Chapman
      Member

      Christopher B Cornell, P.E., S.E., M.ASCE
      Member

      Michael D Cox, Dist.D.NE, Aff.M.ASCE
      Member

      Steven Russell Davie, P.E., D.CE, M.ASCE
      Member

      Catherine Chiappinelli Dunn, P.E., D.NE, D.PE, M.ASCE
      Member

      Kallol Ganguli, P.E., M.ASCE
      Member

      Derek John Gardels, P.E., M.ASCE
      Member

      Brad Guilmino
      Member

      William H. Hanson, Dist.D.NE, A.M.ASCE
      Member

      Edward John Hecker, A.M.ASCE
      Member

      Jill Jamieson
      Member

      Kevin Karaloff
      Member

      Dennis Groome Lambert, P.E., F.ASCE
      Member

      Norma Jean Mattei, Ph.D., P.E., F.SEI, F.ASCE
      Member

      William Robert Miles, P.E., M.ASCE
      Member

      Thandava R Murthy, P.E., M.ASCE
      Member

      Emery Myers
      Member

      Mahmood Naghash, Ph.D., P.E.
      Member

      Alfred Charles Naomi, P.E., M.ASCE
      Member

      Nicholas Pansic, P.E., D.NE, M.ASCE
      Member

      Steve Peaslee
      Member

      Garland Paul Pennison, P.E., M.ASCE
      Member

      Craig Eliot Philip, A.M.ASCE
      Member

      Anthony Risko, P.E., M.ASCE
      Member

      Scott Sigman
      Member

      Mohan NMN Singh, P.E., M.ASCE
      Member

      Mr. Merdith Wyndham Bolling Temple, P.E., PMP, F.ASCE
      Member

      Fred Tharp, M.ASCE
      Member

      Ilker Tutuncu, Ph.D., P.E., M.ASCE
      Member

      Nicolaas C Veraart, Aff.M.ASCE
      Member

      Robert Vining
      Member

      Thomas H Wakeman, III, Eng.Sc.D., Dist.D.NE, Dist.D.PE, F.ASCE
      Member

      Jim Walker
      Member

      Tracy Zea
      Member

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