Nossaman Posts Draft Model P3 Legislation for Public Buildings and Invites Comments
As demand for government services continues to grow across the United States, federal, state and local government agencies must identify innovative and cost effective methods to deliver essential social infrastructure. While many agencies are interested in pursuing innovative P3 delivery models to procure public buildings, they often lack the clear necessary legislation to authorize P3 deals.
We offer below, for consideration and comment, a draft model social infrastructure P3 bill. We developed the draft legislation based on our experience advising US public agencies using innovative delivery methods for other classes of infrastructure. This draft model legislation seeks to provide the authorizations that a public sponsor requires to engage in the P3 delivery of a social infrastructure project. The draft model legislation is also intended to be a flexible instrument and as such it does not set out rigid rules that a public sponsor must follow in the execution of P3 project.
We invite you to review and consider our draft bill. We are very interested in receiving your comments and suggestions.