California is now ready to assess P3 candidate projects. At its October 14th meeting, the California Transportation Commission approved policy guidance addressing the Commission’s role in selecting proposed P3 projects. The CTC developed the guidelines to assist Caltrans and regional transportation agencies (RTAs) as they move to develop P3 transportation projects, taking advantage of the new authority granted to them under Senate Bill X2 4, enacted in February of this year.
The enabling legislation requires the CTC to select projects nominated by Caltrans or an RTA seeking to use the P3 model. The CTC policy guidance describes the selection process, including the project report and information required to be submitted to the CTC, the CTC’s criteria for evaluating projects, and the timing and scope of the CTC’s role.
Nossaman’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners and industry media a wealth of practical experience, insider insight and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.
Stay Connected
RSS Feed
Categories
- Airports
- Alternative Project Delivery
- Bridges
- California Environmental Quality Act
- Cybersecurity
- Design-Build
- Financing
- High-Speed Rail
- Job Opening
- Legislation
- News
- P3s
- Policy
- Ports
- Rail and Transit
- Social Infrastructure
- Tollroads/ Turnpikes/ Managed Lanes
- Transportation Infrastructure
- Tunnels
- Water