Virginia Department of Transportation
HR&A Advisors, as part of the Project Finance Advisory Limited (PFAL) team, provided comprehensive real estate advisory and public-private partnership expertise to the Virginia Department of Transportation’s P3 Office. This strategic collaboration delivered specialized financial and business management guidance to support VDOT’s implementation of critical public-private partnerships across their infrastructure portfolio.
Working as a key member of the multidisciplinary PFAL team, HR&A contributed specialized real estate and P3 knowledge that helped transform VDOT’s approach to infrastructure development. The firm’s involvement focused on evaluating potential partnerships, optimizing financial structures, and ensuring real estate components aligned with broader transportation objectives. HR&A’s analysis provided VDOT with robust frameworks for decision-making, enabling the agency to prioritize projects with the greatest potential for successful public-private implementation. The advisory services helped VDOT navigate complex financial considerations while maximizing public benefit and economic value from their infrastructure investments.
The collaborative team brought together complementary expertise from PFAL, Parsons Brinkerhoff, Fehr & Peers, Turner & Townsend, Clean Energy Solutions, and Sharp and Company Communications. This integrated approach ensured VDOT received comprehensive guidance spanning financial modeling, engineering, transportation planning, cost management, sustainable solutions, and public communications. Through this engagement, HR&A helped strengthen VDOT’s capacity to leverage private sector resources and innovation while maintaining strong public oversight of vital transportation infrastructure projects throughout Virginia.
