Albemarle County, Virginia, Developing P3 Guidelines

charlottesville p3

Virginia's Public-Private Education and Infrastructure Act allows for communities to enter into P3s for qualifying projects, so Albemarle County is considering implementing policy changes to take advantage of the law. “As we evolve this community, as we entertain economic development, as we encounter more complex projects, [public-private partnerships] really begin to make sense,” County chief finance officer Bill Letteri told Charlottesville Tomorrow.  “Adopting guidelines that set us up to entertain these things, without a commitment, seems to be a prudent way forward.”

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