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What's New: Government Affairs

SFAA Supports Adoption of Bonding Provisions in Kentucky P3 Regulations

Tuesday, September 27, 2016  
  SFAA Supports Adoption of Bonding Provisions in Kentucky P3 Regulations 

SFAA has submitted comments to the Kentucky Finance Administration Cabinet in support of its proposed regulations for public-private partnerships because they include bonding requirements for all future P3 projects in Kentucky. The rules implement a law SFAA and AIA had amended to require bonding in the detailed enabling law for local government P3s. The law provides that requirements for State capital projects delivered as P3s are to be set by regulation and the Cabinet has decided to require bonding for them.

Members should visit Government Relations / General Info (Members) for more information.



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