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.
As Amended by Senate "A" (LCO 9004)
House Calendar No.: 531
Senate Calendar No.: 261
Primary Analyst: PM 5/21/21
Contributing Analyst(s): DC
Reviewer: MM
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 22 $ FY 23 $
Department of Transportation TF - Cost Potential
Significant
Potential
Significant
Note: TF=Transportation Fund
Municipal Impact: None
Explanation
The bill reestablishes, through January 1, 2027, the governor’s
authority to approve up to five public-private partnership (P3) project
agreements, and limits that authority to the Department of
Transportation (DOT). The bill eliminates provisions restricting P3
projects to revenue generating facilities and limiting the state’s share of
project costs to 25%, which is expected to potentially significantly
increase project costs to the state.
The bill also requires DOT to limit, where possible, the use of
consultants for P3 projects. The fiscal impact of this provision is
uncertain and dependent on future actions by the department.
Senate “A” eliminates the bill and its associated impact and results
in the impact described above.
The Out Years 2021SB-00920-R01-FN.DOCX Page 2 of 2
The annualized ongoing fiscal impact identified above would
continue into the future subject to inflation and the terms of any P3
project agreements.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly,
solely for the purposes of information, summarization and explanation and does not represent the intent of the
General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety
of informational sources, including the analyst’s professional knowledge. Whenever applicable, agency data is
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.