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P3 projects: What if you have payment problems?

from By Scott Wolfe

Public-private partnership construction projects — commonly referred to as P3 projects — are becoming popular in the construction industry quickly. In fact, President Barack Obama recently took steps to expand the market for P3 transportation projects. This, along with the ordinary national trends, means that you're likely to encounter a P3 project soon. While the underlying construction tasks performed will be the same on a P3 project, the regulations, contractual obligations and legal rights available to you may be different — and, unfortunately, unfamiliar. more

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