Participating in P3 transactions for more than 25 years
Butler Snow is a recognized leader in using public-private partnerships (P3s) to develop, finance and operate projects that provide essential services to our communities.
We have established a comprehensive and diverse P3 practice, and our attorneys have advised countless participants in connection with all phases of large, complex and/or unique public, private and joint public/private infrastructure and economic development projects, including multiple funding sources ranging from debt financing to private equity to federal grants and/or credit assistance.
Our attorneys have assisted clients with the development and financing of projects using such financing incentives as special assessment bonds, tax increment financing bonds, sales tax revenue bonds, various types of private activity bonds, lease revenue bonds and other lease financing arrangements, New Markets Tax Credits (NMTCs), Historic Rehabilitation Tax Credits (HTCs) and Renewable Energy Investment Tax Credits (ITCs).
Sectors where our attorneys have been involved in P3s include transportation (airports/other), telecommunications, water and wastewater, hotels and convention centers, sports and recreational facilities, energy (electric/gas generation and distribution facilities, renewable energy projects) and the all-encompassing category of social infrastructure, within which are more specific subcategories including governmental infrastructure, healthcare, education and housing (market, affordable, senior, student and military).
The complete package
For the convenience of our clients, Butler Snow’s P3 practice is supplemented by firm attorneys from a full range of business law and litigation services, including but not limited to real estate, construction, procurement, environmental, tax and government affairs, and litigation.
We are knowledgeable of the various federal, state and local laws governing the ability of governmental entities to partner with private entities and the financing mechanisms available to both governmental and private providers of facilities. We also know the tax rules governing the remedial actions that must be taken if a private operator purchases or leases a governmental system that has been financed with tax-exempt bonds.
As a firm, we can provide all necessary expertise at each stage of a P3 project’s development, including providing advice and counsel from the pre-development planning and financial structuring phases all the way through to financial close and helping to navigate the legal, political and other roadblocks that are sure to arise along the way.
Exceptional service at every level of your transaction
While knowledge and experience are crucial to the success of these highly complex projects, at Butler Snow we take pride in providing much more—we also provide exceptional customer service to our clients, which always includes:
- Responsiveness: We try to anticipate our clients’ needs and respond to them as quickly as possible. We recognize that promptness is just as important as a good result.
- Innovation: Butler Snow constantly reassesses its approach to the P3 practice, and we make changes to better serve our clients as this area of law evolves.
- Cost effectiveness: Butler Snow is keenly aware of the need to provide excellent legal services at a reasonable cost.
- Quality service: We are committed to providing the highest quality service in an efficient and effective manner, which includes meeting or beating every required deadline, promptly returning telephone calls, and keeping our clients informed.