Bills, Bills, Bills
Anecdotally, currently in the US there are more P3 enabling bills navigating legislative committees and floors than there are P3 projects in construction, operation and possibly in procurement.
Any exhaustive list would quickly be outdated as it is very much in flux. Some die, some progress to the relevant governor or president’s desk, some duplicate, many are just left in limbo, and many more nobly reappear each year ready to run the legislative gauntlet once again.
The outcome of all of these seemingly endless daily debates on the merits of P3 is somewhat muddled, but what is clear is the extent of the potential P3 pipeline in the US has yet to be realized.
Evidence of this can be seen from the fact that states that rarely got a mention in discussions about pipeline are now having these debates. There are bills right now that would enable P3 projects and offices progressing through the legislatures of Nebraska (LB616) Oklahoma (SB243), New Mexico (HB534), Oregon (SB413), Connecticut (HB5945), and Hawaii (HB889). There also states that have delivered successful P3s now looking at other assets like Pennsylvania (HB176) and New York (SB3589).While others look to refine the model such as Maryland (HB1091, SB788, HB695, HB91, SB781, HB663).
Then there is Congress with HR 658, HR180 and SB146 to name a few, not to mention that other expected infrastructure bill.
Of course this flurry of legislative activity is no accident, it is the result of years of industry-wide advocacy and building a dialogue between elected representatives and experts from the private sector to understand what is needed to enable investment in infrastructure.
But this dialogue continues, and the ideological discussions go on still, as this testimony from various stakeholders demonstrates.