OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sSB-920
AN ACT CONCERNING PUBLIC -PRIVATE PARTNERSHIPS.
Primary Analyst: DC 4/12/21
Contributing Analyst(s): PM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 22 $ FY 23 $
Department of Transportation TF - Potential
Cost
Up to
376,777
Up to
377,780
State Comptroller - Fringe
Benefits
1
TF - Potential
Cost
Up to
151,479
Up to
156,023
Quasi-Public Agencies Various - Cost Potential
Significant
Potential
Significant
Various State Agencies Various - Cost Potential
Significant
Potential
Significant
Note: TF=Transportation Fund; Various=Various
Municipal Impact: None
Explanation
The bill expands the authority of executive branch state and quasi-
public agencies to enter into contracts with public -private
partnerships. This bill reestablishes the governor’s authority to
approve up to five public-private partnership (P3) project agreements
and makes the authority permanent.
The bill eliminates provisions restricting P3 projects to revenue-
generating facilities and limiting the state’s share of project costs to
25%. This is expected to significantly increase project costs to the state.
The bill establishes an Office of Innovative Finance and Project
1
The fringe benefit costs for most state employees are budgeted centrally in accounts
administered by the Comptroller. The estimated active employee fringe benefit cost
associated with most personnel changes is 41.77% of payroll in FY 21 and FY 22. 2021SB-00920-R000423-FN.DOCX Page 2 of 2
Delivery within the Department of Transportation (DOT) and requires
the Commissioner of Transportation to assign personnel to the office in
order to fulfill the duties described in the bill. To the extent that DOT
assigns existing personnel to the office and subsequently hires new
personnel to fulfill their former duties, this section results in a cost of
up to $518,256 in FY 22 and up to $533,803 in FY 23 for salary and
fringe benefit costs associated with as many as four
fiscal/administrative officer positions.
2
The Out Years
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation.
2
The cost will depend on the number of personnel hired and the actual job classes
used.