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| A few months http://rulertube.fun rulertub
The hue-and-cry over my article illustrates a fundamental fallacy of those who would bash P3 deals — that they dupe cities to hand over crown-jewel assets to Wall Street barracudas. Nothing could be further from the truth. Municipalities retain control over the assets they lease and over any payments owed to the concessionaire over the life of the concession. P3s are subject to strict procurement laws — and any increases in fees are governed by strict regulatory approval.횂혻 Control over the underlying assets remains with the municipality. The concession contracts impose stringent performance standards on the operator which, if not performed, allow the municipality to terminate the concession. Many P3s also include a revenue share with the municipality. |
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2019-05-25 03:15:13 |
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