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Maryland county school board approves $1.2B school P3

October 27, 2020

PGCPS said that 40% of its buildings that were constructed 60 years ago need either total renovation or replacement. The price tag to modernize the system would be approximately $8.5 billion over 20 years, but PGCPS has only $210 million annually to spend on the initiative. This is the first system in the U.S., according to PGCPS, to fast-track construction of a group of modernized public K-12 school facilities through a P3 model.

In 2016, the state signed on to another P3 to build the $5.6 billion, 16-mile Purple Line light-rail system in Maryland’s Washington, D.C., suburbs of Prince George’s and Montgomery counties.

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