Category: Maryland Construction News
Maryland School System Poised
For Nearly $1 Billion Private Partnership
The Nearly $1 Billion Private-Public Partnership
Maryland’s School System is currently in negotiations with 4 different developers for what could be the nation’s first public-private partnership used to fund the building of schools. This contract could potentially generate $1 billion in revenue over a 30-year span. The intended effect of hiring private contractors is to aid in expediting project timelines – which could set a lucrative precedent for future public projects to come.
Read more in the original story by the Associated Press, here.