Situation
In an effort to redevelop an airport built long before current security protocols, an engineering design firm submitted an unsolicited proposal to design, build and finance a new terminal. The City of Kansas City, Missouri, had one month to review and negotiate a memorandum of understanding for a $1+ billion project.
Result
The City Council and mayor determined that uniquely qualified outside legal counsel was essential to evaluate the project proposal and determine whether a P3 would yield a public benefit. Husch Blackwell helped correct the city’s course from a sole-source, unsolicited proposal with litigation risk to a competitively sourced project, and is advising the city on transaction negotiations and documentation.