Rephonic
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Public-Private Partnerships
Infrastructure
Canada
Public-Private Partnership
Infrastructure Investment and Jobs Act
Lower Thames Crossing
United Kingdom
Partnerships Awards 2025
United States
UK Infrastructure
Transportation
P3s
P3 Industry
Private Finance
Energy Transition
Infrastructure Investment
TIFIA
Mutual Investment Model
IIJA
North Carolina

The team behind Partnerships Bulletin and P3 Bulletin bring you the stories behind the headlines, interviews with industry experts, and an occasional lighter look at the market

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Latest Episodes

The third annual World’s Biggest Emerging Markets Pipelines report has found a growing number of projects worldwide - but not always in the countries we have become used to seeing on the list. Who’s in, who’s out, and why is a smaller pipeline not ne... more

The P3 model has received a number of positive boosts from the federal government over recent months - but the lack of surface transportation reauthorization is causing concern for many in the market

The team consider:

* The back and forth on Dull... more

Partnerships Bulletin recently revealed the amount of money one NHS trust spent on legal fees related to its PFI battle. The team delve into the question of what this means for future disputes and relationships in PFI and PPP contracts. But first, th... more

The UK continues to see struggles with operational PFI projects, and with more heading towards handback in the years to come, it is likely that more conflicts will emerge as hard negotiations get underway. 

With this in mind - and with NISTA develop... more

The UK’s Defence Investment Plan (DIP) has promised to take a “partnership” approach, working with the private sector to deliver the infrastructure needed. However, details on the exact role and nature of private finance remain scant.

The team pick ... more

Anton Steshenko, an academic at the Robert H. Smith School of Business, at the University of Maryland, explains the thinking behind his latest paper, advocating a new approach to small scale infrastructure initiatives that could unlock significant pr... more

James Stewart joins 3Ps in a Pod for a discussion around some of the key learnings for the PPP market in the UK. He picks out some main points from his review into HS2, before going on to consider how major projects and a future PPP programme might a... more

After years of waiting, UK infrastructure agency NISTA looks set to establish a Conflict Avoidance Forum. But what will the industry think? Is it too late, and will parties want to engage with the process at this stage?

The team also cover progress o... more

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Recent Guests

Anton Steshenko
Academic at the Robert H. Smith School of Business, University of Maryland
University of Maryland
Episode: Episode 127: Could a new approach to P3 unlock smaller projects?
James Stewart
Author of the HS2 report and former infrastructure leader
Former chair/advisor in infrastructure, HS2 report author
Episode: Episode 126: James Stewart on lessons from HS2 and what next for PPP
Michael Heseltine
Former UK politician who helped drive European space collaboration
House of Lords / Conservative Party
Episode: Lord Heseltine: "You’re just playing in toy town”
Steve Cooper
Chief Executive of IML
IML - SPV management company
Episode: Episode 123: IML’s Steve Cooper reflects on the UK PPP industry
Phil Washington
Chief executive of Denver International Airport
Denver International Airport
Episode: Episode 122: Phil Washington on expanding the P3 opportunity
Jaclyn Hartman
Assistant Secretary for Transportation Investments, Maryland Department of Transportation
Maryland Department of Transportation
Episode: Episode 121: MDOT’s Jaclyn Hartman
Will Whitehorn
Former president of Virgin Galactic; chair of Seraphim Space Investment Trust; chair of Sofant Technologies
Seraphim Space Investment Trust; Sofant Technologies; Virgin Galactic
Episode: Will Whitehorn: “We have to industrialise in space. It is an imperative”
Amanda Nicholls
Former editor, GCOP advocate focused on improving collaboration in operational PPPs
Global Council for Operational PPPs (GCOP)
Episode: Episode 116: Focusing on the operational
Jonathan Davies
Deputy editor of Partnerships and P3 Bulletin
Partnerships and P3 Bulletin
Episode: “The opportunity of the 21st Century”: PPP and space

Hosts

Paul Jarvis
Host of the show; Editor of Partnerships Bulletin and P3 Bulletin; associated with multiple PPP-focused publications
Jonathan Davies
Colleague of the host; frequent interviewer and discussion partner across episodes

Talking Points

Recent interactions between the hosts and their guests.

Episode 126: James Stewart on lessons from HS2 and what next for PPP
Q: Is it feasible to have the levels of governance used on mega-projects for smaller projects, or should there be differences based on size?
Yes, it's feasible but not always necessary; smaller projects can be governed with simpler structures, devolving decisions to a single body to keep processes efficient while maintaining accountability where needed.
Episode 126: James Stewart on lessons from HS2 and what next for PPP
Q: But what would you consider to be maybe a critical learning for the infrastructure market as a whole?
Two key lessons: first, get a grip on cost and embed cost control in governance; second, recognize the different types of projects (private, regulated, PPP, public) and tailor lessons to each accordingly.
Episode 121: MDOT’s Jaclyn Hartman
Q: How has the Purple Line influenced MDOT's P3 strategy and project delivery model?
Purple Line has driven a programmatic shift where MDOT now treats projects under a unified P3 program rather than as standalone efforts, enabling shared risk profiles, common advisory teams, and a more cohesive approach to project delivery and community impact across multiple projects.
Episode 121: MDOT’s Jaclyn Hartman
Q: What are the key levers MDOT can pull to address labor and skills shortages in large infrastructure projects?
MDOT focuses on scheduling to ensure ongoing work markets for skilled labor, plus workforce development through training and apprenticeship programs, and a road-to-careers approach developed with the Maryland Department of Labor to build a long-term pipeline of skilled workers.
Episode 115: Michael Shapiro on his handbook for project delivery
Q: How should owners and public-sector entities prepare differently for P3s?
Owners should engage early, formalize fair contracts, invest in training, and maintain monthly check-ins throughout the project lifecycle to ensure the private partners remain aligned and accountable.

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Frequently Asked Questions About 3 Ps in a Pod

What is 3 Ps in a Pod about and what kind of topics does it cover?

The show concentrates on the business of public-private partnerships, infrastructure financing, and large-scale project delivery across the US and UK, with frequent deep-dives into policy, governance, and funding mechanisms. Episodes mix thoughtful interviews with senior executives, policymakers, and industry veterans, plus practical lessons drawn from iconic projects (rail, airports, health infrastructure) and ongoing PPP reforms. A recurring thread is how governments, investors, and operators can align incentives to accelerate delivery, manage risk, and unlock capital, often through innovative financing tools and cross-sector collaboration. Noteworthy is the pragmatic, market-facing angle—guests frequently translate policy into pipeline o... more

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3 Ps in a Pod launched 4 years ago and published 142 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on 3 Ps in a Pod?

Recent guests on 3 Ps in a Pod include:

1. Anton Steshenko
2. James Stewart
3. Michael Heseltine
4. Steve Cooper
5. Phil Washington
6. Jaclyn Hartman
7. Will Whitehorn
8. Amanda Nicholls

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