CHICAGO (April 24, 2018) – Aon plc, the global professional services firm offering a broad range of risk, retirement and health solutions, today unveiled the top 10 list of the best U.S. locations for pursuing public-private partnerships.

According to the Aon Public-Private Partnership Pursuit Risk and Opportunity Index, also known as the P3-Pro™ Index, Colorado, Virginia and Indiana topped the list of leading locations for pursuing P3s, for reasons such as past successful procurement and P3-enabling legislation. Additionally, the report shows rising P3 activity at the city and county level, especially in top markets such as Miami-Dade County, for similar reasons. States such as Texas and California fell off the top 10 list this year, as both states failed to extend authorization of legislation to pursue transportation P3s.

The top 10 U.S. locations for P3s:

“While 2017 was slightly disappointing in terms of P3 success, things are looking up for the coming year,” said Tariq Taherbhai, Chief Operating Officer, Global Construction and Infrastructure at Aon. “Amongst these top places, there is a common vein of true commitment to P3 projects through the establishment of dedicated P3 offices, procedures and procurement methodologies.”

This year’s report pinpointed the political climate of the procuring state, province, or municipality as the most important criteria impacting contractors’ and investors’ decisions to pursue P3 projects.

“There is an inherent level of added uncertainty around P3 projects during election years, as the local political environment is in a state of change and P3 projects can often be viewed as highly politicized pursuits,” said Peter Fogel, risk analyst with Aon Infrastructure Solutions.

Taherbhai added, “Pursuing P3 projects are a huge time and monetary investment. The insights from our P3-Pro report are invaluable in helping firms better understand the political and regulatory risks they face when pursuing a P3, and ultimately better understand how successful a P3 project might be.”

To view the full report, please visit http://www.aon.com/p3.

About Aon
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

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Lindsay Goldstein
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