“The U.S. faces a growing need to build and maintain critical infrastructure — everything from airports to wastewater treatment plants — but with limited government funding to do the job. Encouraging private sector investment in infrastructure is part of the solution. But one promising tool — public-private partnerships or ‘P3s’ — is currently limited or unavailable in most states due to lack of enabling legislation.
33 states (along with the District of Columbia and Puerto Rico) have enacted by statute some sort of P3- enabling legislation — a patchwork of laws met with varying degrees of success and public support. The following model legislation is the product of review of best practices nationwide. While drafted with the intention of having each state tailor the legislation according to its needs and circumstances, states considering adopting P3-enabling legislation for the first time or updating their existing laws may want to use this model as a tool.”
This tool is included in our list of TEN NOTABLE RESOURCES FOR STATE ELECTED OFFICIALS INVOLVED IN CROSS-SECTOR COLLABORATION.