How is the private-sector partner selected?
Once approved for advancement by Committee and Council, every P3 project undertakes a competitive bidding process where private-sector companies are invited to qualify and then submit their detailed proposals for the project. The proposals from qualified firms are assessed, and a preferred partner is chosen. Once that partner is selected, final aspects of the agreement structure are worked out and a contract is finalized. Committee and Council review and approve this final contract, after which construction can begin.
