Bill > S1913

This bill provides for alternative delivery of infrastructure projects through public-private partnerships. The key provisions include: 1. Allowing public agencies to solicit proposals and enter into public-private partnership agreements for eligible projects, such as public water, wastewater, and flood control facilities, without being subject to certain competitive bidding requirements. 2. Establishing the process for public agencies to solicit proposals, evaluate them based on factors like cost, innovation, and the qualifications of the private entity, and negotiate and award the public-private partnership agreement. 3. Specifying the required terms of the public-private partnership agreement, such as performance guarantees, insurance requirements, and procedures for addressing material defaults by the private operator. 4. Authorizing public agencies to issue bonds or obtain other financing to fund the eligible project, and allowing the private operator to also obtain financing. 5. Granting the private operator certain rights and responsibilities in operating the eligible project, such as setting user fees and making reasonable rules. 6. Providing public agencies with remedies in the event of a material default by the private operator, including temporarily assuming control of the project. The bill aims to provide an alternative approach for public agencies to deliver certain infrastructure projects through public-private partnerships, while maintaining appropriate oversight and protections.

Government Affairs

https://malegislature.gov/Bills/191/S1913