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What's New: Public-Private Partnerships (P3s)

SFAA's P3 Legislation Introduced in Indiana

Tuesday, January 20, 2015  
Indiana SB 482 is legislation that SFAA and AIA had introduced to amend the existing P3 laws to clarify or specifically incorporate a requirement for a performance bond in an amount equal to the cost to design and construct the project and a payment bond that is conditioned on payment for labor and material furnished for use in construction of the project. Indiana has enacted P3s law for public facilities, Department of Transportation projects and the toll road projects of the Indiana Finance Authority, and SB 482 would amend all three laws.

View PDF version (or visit P3s / Public-Private-Partnerships - Public)

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