Indiana lawmakers back P3 reform

The Indiana House of Representatives has passed a bill that would alter how the Indiana Finance Authority (IFA) selects a P3 partner.

House Bill 1374 requires the IFA to include in a request for proposals a statement confirming that it will consider only bidders that experience and quality performance in comparable projects in North America in the last two years. This includes entering into a P3 for a toll road, freeway, or facility project. 

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