PROBLEM! - Urban stormwater runoff is the only major growing source of water pollution in the U.S. – currently at a projected cost of over $ 100B. During.

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Presentation transcript:

PROBLEM! - Urban stormwater runoff is the only major growing source of water pollution in the U.S. – currently at a projected cost of over $ 100B. During a time of economic constraints at the local level and limited federal funds, many communities must consider smarter ways to finance, construct, operate, and maintain their stormwater management systems in ways that provide multiple versus singular benefits. CBP3 Sustainable Stormwater Infrastructure Summit Co-Hosts - NCPPP and USEPA December 7, 2015 Philadelphia, PA

PARTNERSHIP Done right, a balanced PARTNERSHIP between the public and private sectors can accomplish more than other unbalanced approaches. Allocate the responsibility to the party best positioned to control the activity and manage the risks. Produce local economic value through private sector participation. Solve a costly, complex public problem with faster, less expensive and better outcomes Substitute private resources for limited public resources. Employ private industry to drive innovation, operational efficiencies ultimately lowering future costs. Enhance the communities involvement and participation into municipal functions.

Definition PPP Innovative involvement of the private sector through a “contractual agreement” between a public agency and a private sector entity that allows for the private sector participation in the financing, planning, design, construction, operation, and maintenance of urban retrofit facilities.

Is This A P3?

Program Overview Opening Keynote – Jim Gephardt, US EPA Session 1 – Challenge of Stormwater & Potential to Drive a New Economy Session 2 – Sustainable Stormwater Infrastructure – Traditional Approaches & New Paradigms Luncheon Keynote – Ralph Exton, GE Power Session 3 – Technology-Driven P3s Session 4 – P3/CBP3 Tools 101 Session 5 – Real World Scenarios Next Steps/Wrap Up Reception CBP3 Sustainable Stormwater Infrastructure Summit