Cybersecurity is an important part of our everyday lives, and protecting California’s infrastructure from cyberattacks is mission critical to the state’s economy. What would happen if someone hacks the electricity grid or the water treatment facility that serves your neighborhood or the transportation system you take to get to work every day? We must innovate to address the state’s critical infrastructure needs and stay ahead of cyberattacks. One way to innovate is through the use of public-private partnerships (P3s).
On November 8, 2017, Chuck Harrington, Parsons’ Chairman and CEO, participated in the Milken Institute’s 2017 California Summit and sat on the panel titled, “California’s Future Economy.” During the panel discussion, Mr. Harrington addressed how important it is to California’s economy to protect the state’s infrastructure. In addition, he stressed the need for innovation to meet these critical infrastructure demands, explaining why P3s make sense for an innovative culture like California, stating, “P3s are all about value for money—getting the most from the public-sector investment.”
Parsons’ P3 experience includes working on the first P3 project in Montreal, Quebec, Canada, as well as on the award-winning Ohio River Bridges East End Crossing project in Indiana. In California, P3s are already being used, for example, in Los Angeles to transform Los Angeles International Airport (LAX). After evaluating several different delivery methods, airport officials determined P3s are best suited to deliver both the people mover and the rental car facility under its $14 billion modernization program.
P3s are all about value for money—getting the most from the public-sector investment.”
Mr. Harrington talked about how we need people to create jobs and bring projects to fruition. And Parsons knows the importance of people. Earlier this year, as part of our contract to administer the Project Labor Agreement for Los Angeles World Airports (LAWA), we designed and implemented the HireLAX workforce development program that prepares local residents for skilled craft labor careers to support the multibillion-dollar capital improvement program at LAX. The inaugural class of the HireLAX Apprenticeship Readiness Program graduated 26 students who were recognized in a ceremony on November 3, 2017—and several of the students already have jobs lined up.
California’s economic present and future depend on understanding what is happening now, including the importance of cybersecurity, driving innovative culture to solve critical infrastructure issues, and the benefits of P3s for the state.