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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

Public-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed

As New York state grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, the state should examine both the opportunities that public-private partnerships offer as well as the underlying financial risks associated with forming those pa

DiNapoli Issues Report on Public-Private Partnerships

New York State Comptroller Thomas P. DiNapoli called for strong oversight provisions if New York broadens the authority of the state to enter into public-private partnership (P3) projects or goes forward with private financing of public projects.