3 Revisions. New Texas Facilities Commission P3 Policy. Procurement Changes Afoot.

The Partnership Advisory Commission, The Texas Facilities Commission & P3 Guidelines walk into a bar, 4 revisions to P3 guidelines emerge, no joke.

Revised P3 guidelines at the Facilities Commission will require:

•  project selection analysis before procurement
• “public purpose” requirement (hello, eminent domain terminilogy):
  • a public need or benefit
  • estimated cost is reasonable AND
  • private entity participation will allow for timely development or operation
• evaluation criteria:
  • monetary savings
  • community impact
  • past performance of the proposed bidder

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