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Small & Emerging Contractors

 

What's New: Public-Private Partnerships (P3s)

ENR Article: New Risks Can Arise in Extended O&M Contracts

Wednesday, November 5, 2014  

ENR article from Nov. 3 includes an excellent analysis of the lack of payment protection for subcontractors on P3s. Payment bonds are the only truly effective way to protect those subcontractors, and should be required from the construction contractor on all P3 projects.


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