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Prince George’s County Officials Shine Spotlight on County’s Public-Private Partnership (P3) Model and Business Development Reserve Program at White House Meeting

  

PRESS RELEASE


For immediate release:
July 8, 2013

LARGO, MD – The Prince George’s County Department of Environmental Resources’ (DER) Deputy Director, Larry Coffman led a White House panel discussion on innovative water infrastructure funding earlier this week.  More than 100 leaders in business, investment and engineering fields gathered to hear Coffman highlight the County’s P3 model that is attracting national attention for its unique approach to financing water infrastructure projects with community partners.  Coffman is considered one of the nation’s leading experts in the approach of stormwater management.

Hosted by the White House Council on Environmental Quality and the Environmental Protection Agency (EPA), a key objective of the discussion, titled Financing the Water Infrastructure of the Future, was to explore innovative strategies to build and grow green businesses and local green jobs in water infrastructure. Prince George’s County is the only county in the nation to introduce a business model that collaborates with local businesses, churches, non-profit organizations and universities to finance new water management systems.  Coffman discussed the need for local governments to be creative and look to other resources for funding to replace and upgrade the nation’s aging water infrastructure.
 
 “Prince George’s County is building an innovative model for financing our stormwater systems by seeking public-private partnerships with private and non-profit organizations” says Coffman.  “Our approach will create new jobs and businesses for the County’s growing green economy while saving taxpayer dollars.” 

A key strategy of the P3 business model includes a new pilot business development program designed to certify small, local businesses to help stimulate and expand the County’s tax base and increase the number of employment opportunities for residents. The Prince George’s County Business Development Reserve Program (BDRP) will assist small business enterprises including Minority Business Enterprises, Disadvantage Business Enterprises, Service Disabled Veterans and Historically Underutilized Business Zone businesses to be key players in the County’s local economy. 

Roland L. Jones, executive director of the BDRP program and of Supplier Development and Diversity at the County’s Office of Central Services, says successful applicants of the program will be able to compete and secure contracts to build water infrastructure systems. 

“The goal of our Business Development Reserve Program (BDRP) is to identify small, local businesses that have the resources to make a sustainable green infrastructure,” says Jones.  “We understand the challenges businesses face in enhancing their business development and our program will provide them with the tools to succeed.”

For more information on the County’s innovative P3 business model and BDRP, visit DER’s Web site at www.princegeorgescountymd.gov.

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