Tom Kness, a Senior Director of Public Sector Services in A&M in our Los Angeles office, has over 25 years of public and private sector management and operations experience.
Over the last15 years, Mr. Kness has focused exclusively on P3 and Alternative Project Delivery projects with a combined value of over $13B. Mr. Kness' work cultivating and executing projects – in aviation, commuter rail, parking, lighting, higher education, vertical infrastructure and toll roads – has honed his skills in navigating complex government regulations; aligning stakeholders with competing interests around shared priorities; anticipating long-term funding implications for public infrastructure; and, helping to shape public policy.
Prior to joining A&M, Mr. Kness served as Director of P3 Advisory for AECOM. Before that, Tom worked for the City of Chicago as the Director of P3's.
Mr. Kness received his BS in Environment Science from Western Michigan University in 1993.
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With the new tax bill now official, companies making acquisitions that are asset purchases (or treated as asset acquisitions for tax purposes) will want to pay close attention to the agreed-upon purchase price allocation. Given the ability to expense acquired personal property assets immediately, acquirers could enjoy a significant tax benefit by maximizing the amount of the purchase price that is allocated to non-real property assets.