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America At A Crossroads - The Growing Importance Of Public Private Partnerships (P3s)

SEATTLE, May 16, 2013 /PRNewswire/ -- Onvia, Inc. ( www.onvia.com ; Nasdaq: ONVI), a leading provider of comprehensive government-business market intelligence, announces an online presentation in collaboration with Strategic Partnerships Inc.( http://www.spartnerships.com ), about the growing trend of Public Private Partnerships. Mary Scott Nabers author and President/CEO of Strategic Partnerships and Scott Merrick, head of Marketing at Onvia will discuss how government agencies are working with the private sector to fund, develop and maintain large public projects related to transportation, education and healthcare.

(Logo: http://photos.prnewswire.com/prnh/20120503/SF00103LOGO)

Public private partnerships (P3s) are helping align public and private needs to move vital projects forward. "They have the potential to significantly change the landscape of government contracting and create a new environment for collaboration. As a result, a new trillion dollar marketplace is emerging," said Nabers.

Government is experiencing an historic transformation. Trillions of dollars are needed to maintain & rebuild America's infrastructure networks and government agencies are facing gaps of billions of dollars to support public projects. Financing alternatives for funding big projects are necessary in order to ensure economic prosperity, meet public needs and create thousands of new jobs. As a result, the United States is moving aggressively into P3s and at least 31 states have passed statutes that encourage and regulate P3s.

"We are happy to host Mary Scott Nabers for our online presentation. She has been a proactive positive influence on the public sector for years by helping companies find better ways to work with government agencies," said Merrick. Public private partnerships provide a well-tested funding option that makes funding available immediately while transferring risk to the private sector partners. "Done successfully, P3s hold an enormous potential for good," Nabers said.

Through collaborations with private sector firms, public officials throughout the country are engaging earlier and companies and subject matter experts are assisting with plans, specs, scoping of projects and financial modeling and forecasting. As a result of sound business planning, the projects provide an opportunity for both parties to benefit. Companies interested in establishing partnerships with the public sector will find the information provided in the upcoming webinar extremely beneficial. The session offers an opportunity to learn from the experts and identify today what can be done today to capture P3 business in the near future.

Stock quotes in this article: ONVI 

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