Governor Releases Environmental Bond Bill

Gov. Baker today released an environmental bond bill that includes, among other things, a new local option procurement tool to deliver water infrastructure projects using public-private partnerships (P3).  This language would authorize cities, towns, districts and redevelopment authorities the ability to use alternative project procurement and financing methods (such as design-build, design-build operate and design-build-operate-finance) instead of  traditional design-bid-build under Chapter 30, Section 39M.  Click here for the full text of the bill.

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