P3 bill signals new infrastructure path for New Jersey

Source: Andrew Coen, Bond Buyer, August 15, 2018 (Subscription Required)
 
Legislation signed by New Jersey Gov. Phil Murphy to expand the state’s use of public-private partnerships lays the groundwork for increased infrastructure investments throughout the state, supporters say. The bipartisan bill Murphy signed Tuesday enables local governments, school districts, public authorities and state colleges to enter into P3s for capital projects. P3 opportunities in New Jersey previously only applied to public colleges and universities. …

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New Jersey bill seeks P3 expansion
Source: Andrew Coen, Bond Buyer, April 13, 2018 (Subscription Required)
 
New Jersey lawmakers are pushing again for an increase in the use of public-private partnerships to jump-start infrastructure improvements in the cash-strapped state. Two and a half years after former Gov. Chris Christie conditionally vetoed an expansion of New Jersey’s P3 program, a state senate committee advanced legislation on April 5 that if enacted would permit localities to enter into P3 agreements for building and highway infrastructure projects. The measure would make local governments, school districts, public authorities and state colleges eligible to enter into P3s where the private entity would assume full or partial financial and administrative responsibility for capital projects. …