SFA works closely with both private developers and public entities to structure P3 agreements for facility planning that are mutually advantageous.
The proper structure for a Public Private Partnership provides the taxpayer community with assets they desire, reduces risk for the municipality, and creates an incentive for the private developer to invest or to contribute expertise and resources towards the facility planning project. SFA works closely with both private developers and public entities to structure P3 agreements that are mutually advantageous.
The facility planning process typically begins when one party- the public entity or the private developer engages Sports Facilities Advisory to evaluate a concept and to provide early stage advisory services related to the concept. During this phase we will consider P3 options and make recommendations for a P3 structure. Once a structure has been agreed to with our client, we will assist in communicating the concept to others and will produce a financial forecast and model to reflect the concept and its direct benefits to both parties. This can then be used to support financing, decision making, public discussions, and media kits, and presentations to key stakeholder groups.
1. Initial strategy and facility planning session
2. Modeling of P3 concepts and options
3. Financial forecasting and economic impact analysis
4. Agreement terms documented in a non-legally binding memorandum of understanding
5. Legal agreements
6. Initiate investments and development