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09-Apr-2020 01:36

The handling of unsolicited proposals—P3 proposals that are not sought by the state or local government agency and instead independently generated, for example—will also include a 30-day waiting period for the proposal and 90 days of public notice before further action can be taken, with procedures differing slightly for transportation projects.

Neither Powers or Finance and Administration Cabinet General Counsel Gwen Pinson shared details on P3s that may be pending in their respective agencies, although both said proposals have been received.

A handout provided by all three attorneys explained when P3s should be used and what considerations should be taken into account before approval for a P3 is given.

Some of those considerations include benefits gained or not gained, timeliness and risk.

With prompting from Jones, Goodman said the state may ask the Corps of Engineers to help place some device in the area of the Levisa Fork to catch trash traveling into Fishtrap.

From a state agency standpoint, Goodmann said Kentucky has been successful not just at providing access to drinking water but also in reaching compliance with health standards.

Christensen said his city of Sadieville had to use around 13 percent of its general fund dollars to cover street work last fiscal year.Mc Lain explained additional considerations for transportation P3s includes, but is not limited to, compliance with federal requirements and investment-grade credit ratings.The attorneys also explained that approved P3s must be part of competitive negotiation—meaning the contract will be awarded to a “responsible and responsive” party, per the handout.Borrowing would require more utilities to increase their rates, which he said could lead to annual water utility rate increases of six to 10 percent over the next 10 years.Inflation, he said, “could exasperate this situation.” Rep.

Christensen said his city of Sadieville had to use around 13 percent of its general fund dollars to cover street work last fiscal year.

Mc Lain explained additional considerations for transportation P3s includes, but is not limited to, compliance with federal requirements and investment-grade credit ratings.

The attorneys also explained that approved P3s must be part of competitive negotiation—meaning the contract will be awarded to a “responsible and responsive” party, per the handout.

Borrowing would require more utilities to increase their rates, which he said could lead to annual water utility rate increases of six to 10 percent over the next 10 years.

Inflation, he said, “could exasperate this situation.” Rep.

We have to wait until it’s really bad and we have no choice,” he said.