FHWA Addressing Standard Contracts for PPPs

The recently enacted MAP-21 legislation requires FHWA to develop standard public-private partnership (P3) transaction model contracts for the development, financing, construction, and operation of transportation facilities. AGC has been invited by FHWA to participate in a listening session to present the construction industry’s perspective before it initiates development of these contracts. FHWA has asked for input on: a) the design of the model contract template; b) the scope of the model contracts; c) the specific provisions included in the model contracts; and d) the model contracts that should be delivered first.