N.J. Admin. Code § 17:49-1.1

Current through Register Vol. 56, No. 23, December 2, 2024

Section 17:49-1.1 - Purpose and scope

(a) The rules in this subchapter are promulgated by the Department of the Treasury to implement P.L. 2018, c. 90.

(b) The rules in this subchapter apply to the identification, screening, selection, development, and delivery of projects through the public-private partnership procurement model authorized by P.L. 2018, c. 90. The rules outline the process by which project criteria are developed and how project reviews will be conducted. The rules provide guidelines for authorized public entities who are working through the process of deciding whether to seek or respond to a partnership opportunity, to reject a partnership or negotiate the terms of one, and whether to enter and how to monitor over time the partnership arrangement. They include particular rules as to interacting with the private entities who seek to partner with them, as well as the rules for engagement of the public and other key stakeholders critical to the advancement of a project.

(c) These guidelines include a process for both solicited and unsolicited project proposals for each type of project authorized under the law, provide the structure for the selection of a private sector partner, and finally, outline the structure of the public-private partnership agreement in accordance with P.L. 2018, c. 90. The organization of the rules follows the anticipated chronological steps that will be undertaken through the life cycle of a project. The rules ensure the requisite analysis is conducted by public entities seeking to enter into a public-private partnership so as to ensure resources are properly committed and that the public's interest is protected.

(d) Submissions and questions regarding public-private partnerships should be addressed to:

Department of the Treasury

Attn: P3 Review

50 W. State Street, 5th Floor

PO Box 005

Trenton, New Jersey 08625-0005

(e) Questions of a private entity or the public concerning the award of contracts under this chapter should be directed to the local or State contracting agency issuing the public-private partnership agreement.

N.J. Admin. Code § 17:49-1.1

Adopted by 52 N.J.R. 898(a), effective 4/20/2020