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Accenture briefs Lago Vista council on public‑private partnership (P3) options for water projects
Summary
Accenture told Lago Vista officials that P3s can offer private capital, risk transfer and operations expertise but require clear guidelines, bankable contracts and a value‑for‑money assessment before use. Council asked staff to explore the company’s recommendations and to consult San Antonio Water System’s experience.
Accenture consultants briefed the Lago Vista City Council on Oct. 2 about public‑private partnership (P3) and DBFOM delivery options for funding and delivering large water and wastewater projects. The firm described P3s as a tool, not a one‑size solution, and urged the city to adopt guidelines, run a value‑for‑money analysis, and consider bundling projects to attract private capital.
What Accenture presented: Lanita McCauley Bates, Accenture senior vice president for program management, outlined DBFOM (design, build, finance, operate, maintain) and related procurement approaches and said P3s offer: access to private capital, risk transfer (operators and builders assume certain performance…
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