Bill > HB275

This bill enacts the Public-Private Partnerships Act, allowing state and local governments to enter into long-term partnerships with private sector partners to facilitate public projects. Key provisions include defining terms like "public project" and "private partner," outlining procurement and evaluation processes, establishing the Department's powers and duties, and specifying requirements for public-private partnership agreements. The bill aims to enable public-private collaboration on a range of infrastructure and public facilities, while protecting the public interest through oversight, transparency, and safeguards.

Labor and Employment, Transportation and Infrastructure

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=275&year=17