Partnership on Multisector Public-Private Partnerships
The foundation is undertaking an exciting new partnership project on multisector public-private partnerships (P3s). Through this one-year project, lawmakers will have a unique opportunity to work with industry leaders, researchers and national experts as they discuss emerging policy issues surrounding the expanding P3 industry and its potential role in helping strengthen public infrastructure assets in arenas as diverse as water, energy, higher education, transportation and others. By creating specialized educational resources and facilitating candid discussions between state policymakers, industry experts and private sector companies, this project will aid legislators in ensuring their state’s ability to improve public infrastructure while keeping the public’s interest intact. NCSL’s new multisector P3 partnership is an important step in informing those efforts.
P3 Infrastructure Delivery: Principles of State Legislatures
NCSL’s Transportation Program, in cooperation with the NCSL Foundation for States Legislatures, has released “P3 Infrastructure Delivery: Principles for State Legislatures.”
**CLICK HERE TO VIEW THE FULL REPORT WEBPAGE**
**CLICK HERE TO VIEW THE FULL REPORT**
The report focuses on nine principles to help state legislators as they consider and perhaps adopt a procurement and financing approach involving P3s. It also identifies real-world examples, either from individual P3 projects or recent state legislative action, to highlight the importance of these principles.
Those principles include:
- PRINCIPLE 1: Be informed. State decision makers need access to fact-based information that supports sound decisions. NCSL has continuously sought to provide state legislators with fact-based, un-biased and relevant policy information on P3s.
- PRINCIPLE 2: Separate the debates. Debates about the P3 approach should be distinct from issues such as tolling, taxes or specific deals.
- PRINCIPLE 3: Consider the public interest for all stakeholders. State legislators will want to consider how to protect the public interest throughout the P3 process.
- PRINCIPLE 4: Involve and educate stakeholders. Stakeholder involvement helps protect the public interest, gain support and mitigate political risk.
- PRINCIPLE 5: Take a long-term perspective. State legislators will want to approach P3 decisions with the long-term impacts in mind.
- PRINCIPLE 6: Let infrastructure needs drive P3 projects—not the other way around. P3s should be pursued to support a state’s infrastructure needs and public benefit, not just to raise revenue.
- PRINCIPLE 7: Support comprehensive project analyses. Before pursuing a P3, it should be shown to be a better option than traditional project delivery.
- PRINCIPLE 8: Be clear about the financial issues. States will want to carefully assess financial goals, an asset’s value and how to spend any proceeds.
- PRINCIPLE 9: Set good ground rules for bidding and negotiations. Legislation should promote fairness, clarity and transparency in the procurement process.
This report is the final product of the 2016 NCSL Foundation Partnership on Multi-Sector Public-Private Partnerships.
Steering Committee Members
- Senator Scott Dibble (DFL-Minn.) - Senate Transportation and Public Safety Committee Chair, Minnesota State Legislature
- Representative Ed Soliday (R-Indiana) - House Roads and Transportation Committee Chair, Indiana General Assembly
- Representative Ryan Yamane (D-Hawaii) - House Water and Land Committee Chair, Hawaii State Legislature
- Representative Andrew McLean (D-Maine) - House Transportation Committee Chair, Maine State Legislature
- Senator J. Stuart Adams (R-Utah) - Utah State Legislature
- Representative Jane E. Powdrell-Culbert (R-New Mexico) - House Finance Authority Oversight Chair, New Mexico State Legislature
- Senator Max Wise (R-Kentucky) - Kentucky Legislature
Legislative Staff Members