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Hawaii Could Use P3s to Build Passenger Rail, Mixed-Use Development

Honolulu, which is struggling to determine how to pay the high cost of building a 20-mile, 21-station elevated rail line across the island of Oahu, may be able to attract private funding by inviting developers to build mixed-use projects on land surrounding stations. The Honolulu Authority for Rapid Transportation (HART) estimates that the project will cost almost $8 billion to build but would produce only $6.83 billion in revenue, leading …Read More

Kentucky P3 Legislation Signed Into Law

Kentucky Gov. Matt Bevin signed into law April 8 a bill authorizing state and local governments to use public-private partnerships to develop transportation and other types of infrastructure projects. HB 309 calls for the secretary of the Finance and Administration Cabinet to devise administrative regulations that establish the criteria for determining when a P3 should be used for a specific project. The regulations should reflect the General Assembly’s desire to …Read More

Hawaii May Seek Private Partner to Reduce Prison Overcrowding, Outsourcing Costs

Hawaii may replace an overcrowded and antiquated corrections facility on the island of Oahu through a public-private partnership. Gov. David Ige has asked legislators to approve his proposal to borrow $489 million to replace the Oahu Community Correctional Center in Kalihi but state prison officials hope that using a P3 will reduce those costs, the five-to-seven year timeline for its construction and other expenses triggered by overcrowding, reported Hawaii News …Read More

Model Law Gives Template for State P3 Legislation

State legislators who wish to pass laws authorizing the use of public-private partnerships for infrastructure projects can use a recently published model P3 law as a tool to craft such legislation. The template can also be used to improve, expand or update existing P3 laws. Published by the nonprofit Bipartisan Policy Center, the model law  is based on an examination of P3 best practices nationwide, and incorporates many provisions in …Read More

Scorecard Identifies P3-Friendly States

Just seven states and the District of Columbia permit government agencies to accept unsolicited proposals from potential partners in their pursuit of public-private partnerships. Three of these states and the District require agencies to open such proposals to competitive bidding. These are just a few of the statistics available in “Building America: The Merit Shop Scorecard,” a ranking of states based on the extent to which their laws, regulations, policies, …Read More

CDOT Announces Next HPTE Director

David Spector has been selected to lead the High-Performance Transportation Enterprise (HPTE), the Colorado Department of Transportation (CDOT) announced Sept. 24. A government-owned business within CDOT, HPTE pursues public-private partnerships and other innovative ways to finance state surface transportation projects. Spector served for nearly two years as senior deputy legal counsel and interim chief legal counsel in Gov. John Hickenlooper’s administration. He has a broad range of experience in transportation …Read More

CDOT Seeks HPTE Director; Cheroutes Forms Consultancy

The Denver-based Colorado Department of Transportation (CDOT) is seeking a director for the High Performance Transportation Enterprise (HPTE). HPTE operates as a government-owned business and is the division of CDOT that is responsible for seeking innovative financing opportunities to complete transportation infrastructure projects. HPTE’s first P3 on Interstate 36 involves a partnership to build a toll road linking Boulder and Denver. The project has won praise from the state auditor …Read More

NCPPP, PBBC Co-Hosting P3s for Public Buildings Summit

For decades, public-private partnerships have been an effective solution for addressing transportation and other infrastructure needs throughout the United States. As budgets continue to shrink, more state and local governments are turning to P3s to help finance and make much-needed improvements to deteriorating public buildings such as schools, hospitals, courthouses, universities and justice facilities. The National Council for Public-Private Partnerships and the Performance Based Building Coalition will host the second …Read More

P3 Connect Panel Reviews Developments and Roadblocks at Federal, Congressional, State Levels

States that wish to pursue public-private partnerships should pass laws to ensure uniformity, transparency and accountability in the procurement process. A legislative framework for these types of agreements can increase public acceptance — including that of potential investors — and can be used to mandate the adoption of best practices, explained Chris Lloyd, senior vice president and director of infrastructure and economic development at McGuireWoods Consulting, LLC, during P3 Connect …Read More

Illinois Takes Funding for Illiana Toll Road Off Table — for Now

Illinois Governor Bruce Rauner’s office announced this week that the Illiana Corridor, a joint toll road project with the state of Indiana, had been removed from Illinois’s multi-year transportation plan. The governor stopped short of declaring the project dead in the water, however. In an email message, Carson Quinn, spokeswoman for the Illinois Department of Transportation (IDOT), said “The Illiana … is on hold indefinitely due to the refusal of …Read More