State leaders hope legislation will spur public-works projects, jobs / Public-private partnerships could pay for $315 million annually in capital projects

Source: Candy Thomson, Baltimore Sun, January 18, 2013

The state has a long list of public-works projects but little money. The private sector is willing to invest but has been starved for work. From that simple equation comes a business model called public-private partnerships — or P3s — that Maryland hopes will help alleviate its backlog of transportation and other infrastructure needs. The O’Malley administration is expected to unveil legislation this week that would offer a channel for tapping into a reservoir of corporate money and expertise. … A partnership might pay for a $850 million replacement for the 72-year-old Nice Bridge connecting Charles County to Virginia. Light rail lines for Baltimore and the Washington suburbs that are projected to cost a combined $4.7 billion could be partially financed by development at transit stops. School construction and water and sewer projects might also be accomplished using a P3 formula, Brown said. …