In response to your article, "Special Report: Which Way the Winds Are Blowing on P3s", the American Subcontractors Association would like to raise your awareness about a concern that construction subcontractors and suppliers have with public-private partnerships (P3s).
Specifically, ASA is concerned that existing federal and state laws establishing payment assurances for subcontractors and suppliers may not apply to projects financed through P3s.
The 1,070-ft-tall Salesforce Tower development, nearly derailed by the Great Recession, is approaching completion in San Francisco.
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