Virginia's Public-Private Transportation Act (PPTA), enacted in 1995, was initiated to promote private sector innovation and investment in priority transportation projects. Despite fits and starts throughout the years, the program is recognized as a best-in-class initiative in the U.S. Now a leading state for P3s, Virginia is leveraging its state resources to deliver projects that support local jobs, accelerate infrastructure completion and create a strong, competitive market. Their model P3 is heralded as a program offering solid direction for other states wishing to ramp up their own initiatives.
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