Progressive Delivery and P3s: When Pre-Development Agreements Make Sense

This session examines the sweet spots and limits of progressive delivery and public-private partnerships. We’ll explore when Predevelopment Agreements (PDAs) and phased, collaborative structures create value, and when a traditional fixed-price or a conventional approach may be more appropriate. We will discuss defining scope and design, risk mitigation, or a need for hard cost certainty early. Panelists will compare tools across the spectrum of delivery options and discuss how to structure milestones to optimize performance. Attendees will gain practical guidance on procurement strategy and evaluation criteria, how to manage market capacity and competition and identify when progressive models make sense, and red flags that indicate when they may not deliver value for money.