Public and Private Partnerships
A Public-Private Partnership, better known as a PPP, are contractual agreements between a government agency and a private entity to provide works or services required in Puerto Rico for an established period of time. Depending on private sector innovation, there are models of PPPs that include one or more stages, including design, construction, operation, financing, and maintenance.
Quiñones & Arbona attorneys have the combined experience and business acumen to help government and private sector clients achieve their objectives in the PPP sector. To promote projects of this magnitude, our Firm has represented project sponsors, banks and institutional investors, contractors, facility operators, and state and local government agencies. This representation has provided our attorneys with the understanding to engage in complex infrastructure transactions and arrangements to promote the completion of different types of projects, among these:
- Roads, bridges and tunnels
- Rail facilities
- Airports and seaports
- Natural gas supply, transmission and distribution facilities
- Water and wastewater treatment plants and reclaimed water systems
- Solid waste and water to energy facilities
- Telecommunications facilities
- Petrochemical projects
- Arenas and convention centers
- Community infrastructure development
PPP Legal Services
- Representation of sponsors, lenders, state and local governments in connection with the development, structuring, financing, construction and operation of transportation and infrastructure projects.
- Counsel and assist private and governmental clients in drafting legislation to promote key PPP infrastructure projects in Puerto Rico.
- Negotiate infrastructure concession agreements, lease and license agreements, privatized operations and management agreements, and sale/lease agreements.
- Negotiating and draft construction agreements (including engineering, procurement and construction contracts) and construction enhancement mechanisms (including sponsor support agreements, performance bonds, guarantees and letters of credit).