Conducting Procurement for Public-Private Partnerships (P3s) [fact sheet]
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2022-07-18
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Abstract:Under the Public-Private Partnerships (P3s) model for procuring highway facilities, a private partner participates in a long-term contract involving some combination of design, construction, financing, operations, and maintenance, including collection of toll revenues. Key issues that public agencies must consider in conducting a P3 project procurement are structuring the agreement, conducting a fair and competitive procurement process, and negotiating a final agreement that is transparent and protects the public interest.
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Main Document Checksum:urn:sha-512:ff0ee243eeb813f9fd43df37cff0c4e9351eb0418ed30b12c0894255fc77a1497d3839e135f7b11f44895e55357a81c86cd721c2840f242160663bdfd76e1220
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