Monday, October 28, 2013

Pennsylvania Wants More P3s


In May, the Commonwealth of Pennsylvania opened it's doors wider to P3s by announcing it would accept unsolicited P3 proposals in a month long pilot program.  During May, private sector entities were encouraged to submit proposals offering innovative ways to deliver and manage transportation projects throughout the state. 

Six proposals were submitted and two were ultimately considered for action by the Office of Public Private Partnership, and subsequently approved.  

The unsolicited proposal program, which applied to Pennsylvania Department of Transportation (PennDOT) projects only, was considered so successful that it has been extended through the end of October

Pennsylvania is fairly new to the P3 arena.  The act authorizing P3 projects was signed into law in September 2012.  

For more information on P3s in Pennsylvania visit - http://www.p3forpa.com