Nossaman Develops U.S. model social infrastructure P3 Bill

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Nossaman Develops U.S. model social infrastructure P3 Bill

Los Angeles based law firm, Nossaman, has developed a model social infrastructure P3 bill to assist state governments to develop this kind of projects.

Based on its extensive experience in advising US public agencies on the use of innovative delivery methods for other classes of infrastructure, Nossaman has produced this model Bill that can be downloaded here.

Nossaman said in a press release:

"Many federal, state and local government agencies are looking for innovative and cost effective methods to deliver essential social infrastructure such as educational facilities, hospitals and criminal justice facilities and related infrastructure.  As a result, these agencies are increasingly interested in assessing and pursuing the P3 delivery model.  However, these agencies often lack clear statutory authority to use a P3 delivery model for social infrastructure."

Nossaman also said that a draft version of the model bill was released for industry comment in the period April 28, 2014 - June 11,2014.

The model bill is designed to provide flexibility to a public sponsor to structure its project and procurement to suit its unique needs and goals.  As such, it avoids setting out detailed, rigid rules that a public sponsor must follow in the execution of a P3 project.

According to Nossaman, the model bill is not designed to address the specific requirements of every jurisdiction. Rather, the model bill presents options and issues for consideration by legislators and addresses hurdles to P3 delivery that are common across many jurisdictions.

Nossaman welcomes your comments and suggestions on the model social infrastructure P3 bill. Please send any comments or inquiries to Yukiko Kojima at ykojima@nossaman.com or to Andrée Blais at ablais@nossaman.com.

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.