Conducting a P3 Procurement
Tricia de la Peña and Nancy Smith presented "Conducting a P3 Procurement," a webinar on key issues that arise during the procurement process of a surface transportation project, on June 26, 2019. These issues include the development of a Request for Qualifications (RFQ); development of a Request for Proposals (RFP); opportunities for proposers to submit Alternative Technical Concepts (ATCs); payment of stipends to unsuccessful proposers and to all shortlisted firms if the procurement is cancelled; the best value selection approach; establishment of evaluation committees; and negotiation.
This was the final webinar in a series hosted by the U.S. Department of Transportation's (USDOT) Federal Highway Administration’s (FHWA) Center for Innovative Finance Support introducing the Public-Private Partnership (P3) Procurement Guide. The Build America Bureau, in cooperation with the FHWA and the Federal Transit Administration (FTA), released the Guide, which discusses procedures and issues in procuring a private sector partner to deliver, operate, and maintain a surface transportation project. The Guide is the latest addition to the Department of Transportation’s "P3 Toolkit" of fact sheets, primers, guides, and analytical tools for Federal, State, and local policy makers, legislative, and executive staff, and transportation professionals.