This bill amends Section 37-2-31 of the General Laws in Chapter 37-2, which pertains to state purchases, by establishing a framework for public-private partnerships (PPPs). It defines key terms related to PPPs, including "private partner," "public-private partnership agreement," and "value for money." The bill allows for the use of various contract types that serve the state's best interests, specifically highlighting the inclusion of public-private partnership agreements.

It mandates that by July 1, 2026, the chief purchasing officer within the Department of Administration must promulgate rules for evaluating, soliciting, and entering into PPP agreements, ensuring that these rules are developed with input from design-builders, construction managers, labor organizations, and other relevant stakeholders.

The bill outlines the responsibilities of state agencies when utilizing PPPs, emphasizing that they must maintain oversight of any functions delegated to private partners. It specifies the minimum requirements for requests for proposals related to PPPs, including the parameters of the agreement, duties and responsibilities of the private partner, methods of oversight, evaluation factors, and plans for financing and operating the project. Additionally, it requires that private entities seeking to become partners demonstrate their capability to fulfill their roles in the partnership.

Overall, this legislation aims to promote and facilitate the use of public-private partnerships in state projects, enhancing efficiency and resource management.

Statutes affected:
5870: 37-2-31