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Senate OKs pilot to create public-private partnership facilitator with $250,000 pilot appropriation
Summary
The Senate advanced a second substitute for SB133 to create a contract-based facilitator for public-private partnerships (P3s), with a three-year pilot and a $250,000 appropriation to fund a facilitator managed via RFP by GoEd. Sponsors said the contract model avoids creating a new agency and aims to centralize investor-government matchmaking.
The Utah Senate approved a second substitute of Senate Bill 133, a measure that would authorize a contract-based facilitator to help match private investors with public-sector infrastructure projects.
Sen. Hamrick, the sponsor, said the bill does not create a new agency or a permanent state position. Instead, GoEd (Governor's Office of Economic Development) would administer an RFP…
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