Innovative Finance

PPSG’s Innovative Finance practice works with financial institutions, private contractors and public agencies to facilitate joint ventures between state and local governments, and private companies.

Led by partner Tim Carden, the firm has attained the following goals:

Improve the financial performance of government entities.
Identify new revenues or increase existing revenue performance.
Secure federal funding for transportation and infrastructure capital programs.
Stimulate private investment in public enterprise.
Increase efficiency in public works contracting through public private partnerships that value time and the quality of vendor performance.

In recent years, the firm has introduced several innovative products to the public sector, including:

Tax advantaged leasing, by which public entities are able to sell the depreciation rights associated with ownership of large and high value capital equipment and real property.
Strategic disposition of governmental assets which have appreciated in value.
Vendor owned and operated service systems, with revenue and profit sharing between the public agency and private vendor based on program performance.
Private sector design/build/finance projects, secured by public sector lease-to-own financing.
Sale of public assets to private investors to raise capital, using a leaseback financing to maintain public use of those assets.