PPP & Procurement Strategy
Structuring partnerships, designing procurement, and testing value-for-money, including unsolicited and progressive delivery models.
Public-Private Partnership (P3)
Research & Development
Evidence-driven advice for infrastructure
that shapes the public good.
P3 R&D turns two decades of peer-reviewed research on public-private partnerships into practical guidance for governments, investors, and project sponsors.
36+
Peer-reviewed articles
20+
Countries studied
10+
Years in PPP research
Research · Advisory · Delivery
About
Independent expertise in how infrastructure gets financed, governed, and delivered.
P3 R&D is the research and advisory practice of Dr. Carter B. Casady, bridging rigorous academic evidence and real-world infrastructure decision-making.
Dr. Carter B. Casady is a Senior Research Engineer in the Center for Sustainable Development and Global Competitiveness at Stanford University and a non-resident Senior Fellow in the Center for Infrastructure Public-Private Partnership Policy at George Mason University.
As part of the Stanford Long-Term Investing (SLTI) initiative, his research focuses on the governance of long-term investments in infrastructure, particularly through public-private partnerships (PPPs). He examines why PPP markets mature, when procurement succeeds or fails, how renegotiations unfold, and how long-term investors can finance climate-resilient infrastructure at scale.
Before re-joining Stanford, Dr. Casady was a Lecturer (Assistant Professor) in Economics and Finance at the Bartlett School of Sustainable Construction at University College London (UCL), where he directed the MSc in Infrastructure Investment and Finance. He has advised and lectured for governments, multilateral institutions, and executive programs across North America, Europe, and Asia, and serves as an Editor of Public Works Management & Policy.
He earned his BSc in Policy Analysis and Management from Cornell University, and his MSc and PhD in Civil and Environmental Engineering from Stanford University.
What We Offer
Advisory grounded in evidence.
Six areas where P3 R&D helps public agencies, investors, and advisors make better infrastructure decisions.
Market & Institutional Diagnostics
Assessing PPP market maturity, government capacity, and the enabling conditions that make private investment work or fail.
Infrastructure Finance & Investment
Collaborative models for governments and long-term investors, from refinancing strategy to sovereign and development fund design.
Performance & Renegotiation Analysis
Comparing P3 and conventional delivery on cost and operations, and diagnosing the drivers of renegotiation and contract failure.
Climate & Sustainable Infrastructure
Structuring low-carbon, climate-resilient PPPs and mobilizing mega-scale investment for the net-zero transition.
Research, Evidence & Testimony
White papers, written evidence for legislatures, expert review, and executive education that translate research into practice.
Research
A peer-reviewed body of work on partnerships, finance, and governance.
Browse the full catalog of publications by type. Links lead to the publisher of record; working papers and government reports are listed as citations.
Contact
Start a conversation.
Whether you are shaping a procurement, evaluating a deal, or commissioning research, P3 R&D can help you ground the decision in evidence.