Pillsbury reports in its Gravel 2 Gavel blog that Maryland is primed to overhaul its public private partnership legislation. The legislation has passed the house and is expected to pass the senate shortly. The legilsation permits private ventures to make unsolicited proposals for PPP projects. SB358/HB576. The legislation appears to permit for a lot of flexibilty, includes sale or lease of existing State facilities, as well as construction, financing, or operation (with toll collection) of new facilities. The legislation provides for oversight by the State Treasurer and budget committees, and it mandates certain contractual provisions that must be in all P3 Agreements.
Roland Nikles
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