The bill amends Section 37-2-31 of the General Laws in Chapter 37-2, titled "State Purchases," to establish a framework for public-private partnerships (PPPs) in state procurement. It introduces several definitions, including "private partner," "public-private partnership agreement," and "value for money," which are essential for understanding the roles and responsibilities of the parties involved. 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, or entering into public-private partnership agreements, ensuring that the process encourages their use. The chief purchasing officer is required to consult with relevant professionals during the development of these rules.

The bill outlines that state agencies utilizing public-private partnerships must maintain oversight of any functions delegated to private partners. It specifies the minimum requirements for requests for proposals related to these partnerships, including the parameters of the proposed agreement, duties and responsibilities of the private partner, methods of oversight, evaluation factors, and financial plans. Additionally, it requires that private entities demonstrate their capability to fulfill their roles in the partnership.

Furthermore, any public-private partnership agreement is subject to the provisions of the privatization of state services act as stated in chapter 148 of title 42, as appropriate. Overall, this legislation aims to promote the effective use of public-private partnerships in state projects while ensuring accountability and value for the state.

Statutes affected:
616: 37-2-31