The successful initiation of a Public-Private Partnership (P3) project hinges on meticulous project development and structuring. This crucial phase involves defining the project's scope, allocating risks and responsibilities between the public and private partners, and establishing a legal and contractual framework that aligns with applicable laws and regulations in Puerto Rico.
Our team provides comprehensive legal counsel during the P3 project development phase, leveraging our experience from both sides of the table to anticipate potential challenges and structure the partnership for long-term success.
We assist public entities in developing P3 frameworks and soliciting proposals, and we advise private sector partners in preparing responses to P3 solicitations and structuring their consortiums and contractual agreements. Our counsel covers key aspects like project feasibility analysis from a legal standpoint, drafting P3 agreements, and ensuring compliance with procurement procedures specific to Public-Private Partnerships in Puerto Rico. Our goal is to establish a solid legal foundation for P3 projects that enables efficient development and successful collaboration.
