As of March 11, 2015, a bill intended to expand opportunities for Public-Private Partnerships in the District of Columbia is now law. While public-private partnerships are not entirely new to D.C., they have been limited in number by a lack of regulatory guidance. The P3 Act is intended to establish a clear procurement process and make D.C. a viable market for investors, developers and contractors interested in P3 projects.
The P3 Act authorizes public-private partnerships for a variety of projects. Speci cally, a quali ed P3 project includes the planning, acquisition, nancing, development, design, construction, reconstruction, rehabilitation, replacement, improvement, maintenance, management, operation, repair, leasing, and/ or ownership of:
The newly established Office of Public Private Partnerships within the Office of the City Administrator will administer the P3 Act and serve as the contact point for all interested parties. The Office will also implement procedures for development, solicited and unsolicited proposals, evaluation, award, and oversight of all P3 projects. Once up and running, the Office will publish a Request for Information and a Request for Proposal to obtain information on and solicit for potential P3 projects. Contractors and developers may also submit unsolicited proposals for the Office to review, provided they follow the requisite guidelines.