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Bloomberg Law: Rethinking Infrastructure Finance and Development Under BidenMarch 19, 2021
O’Melveny Project Finance & Development partners Elizabeth Dubeck, Eric Richards, and Denise Raytis co-authored this article discussing three major ways President Biden’s “Build Back Better” plan could dramatically transform how infrastructure is funded and delivered in the US.
“Although details will not be known until it is officially unveiled, the infrastructure plans set forth during the Biden campaign suggest an ambitious, nearly $2 trillion agenda touching nearly every aspect of the infrastructure sector, from transportation to telecommunications to energy and beyond,” they write.
The authors explore three key aspects of this potential reset—a new framework for funding, incentivizing private investment, and federal and state/local coordination.
Read the full article here.