PPPs provide access to private sector expertise. Many private sector firms have access to technologies, materials and management techniques that exceed the capabilities of an individual government agency or department. PPPs are one way to harness the ideas and breadth of experience the private sector brings to projects.
But we need to do more, and we need to be more creative. To build on our success, we’re working more closely than ever with states, federal agencies, and the private sector to leverage new funding sources.
For most local governments, providing water and wastewater services to the community is not a core competency. In contrast, the private partner exists for that very reason – to operate and maintain water and wastewater facilities and systems efficiently and effectively. That is what their business is all about.
EPA records show that investor-owned utilities have a near-perfect record when it comes to avoiding health-related violations of the federal Safe Drinking Water Act.
Investor-owned and municipal-owned water purveyors are neither better nor worse than each other, they’re just different and there’s a place for both. Each has its own benefits and each has its own costs.
We must use every tool at our disposal to lay the foundation for future prosperity and create new jobs, including better collaboration between the public and private sectors with respect to infrastructure development and financing in areas such as transportation, water, ports, energy, and broadband, among others.
I have been troubled by the flood of misinformation from FWW… I find that FWW is a group that is unencumbered by the truth.
… America works best when it’s calling upon the resources and ingenuity of our vibrant private sector.