Amended
IN
Senate
April 13, 2011 |
Introduced by
Senator
Dutton |
February 18, 2011 |
The Legislature hereby finds and declares the following:
(a)It is the intent of the Legislature to provide local jurisdictions with more flexibility for job creation and expedited transportation infrastructure project completion by authorizing public-private partnerships and alternative procedures for bidding and building transportation projects.
(b)The Legislature has recognized the merits of alternative project delivery methods such as public-private partnerships and the design-build procurement process in the past by authorizing its use for projects undertaken by school districts, the University of California, specified local government projects, state office
buildings, and public transit projects.
(a)It is the intent of the Legislature that local governmental agencies have the authority and flexibility to utilize private investment capital to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities. Without the ability to utilize private sector investment capital to study, plan, design, construct, develop, finance, maintain, rebuild, improve, repair, or operate, or any combination thereof, fee-producing infrastructure facilities, the Legislature finds that some local governmental agencies will not be able to adequately, competently, or satisfactorily retrofit,
reconstruct, repair, or replace existing infrastructure and will not be able to adequately, competently, or satisfactorily design and construct new infrastructure.
(b)It is further the intent of the Legislature that infrastructure projects may be financed by a combination of public funding, including federal, state, and local funds, and private sector financing under this chapter.