Infrastructure Financing Act

Governor Schwarzenegger recently announced a plan to promote public-private partnerships in order to meet California’s long-term infrastructure needs. (See Los Angeles Times article.) Public-private partnerships are contractual agreements which are formed between public agencies and one or more private companies whereby the private company finances, builds and manages public facilities for a specified period of time.


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http://www.bart.gov/about/projects/oacnews.asp

On February 13, 2006, the San Francisco Bay Area Rapid Transit District (“BART”) issued an advanced notice of a Request for Qualifications for the design, build, finance, operation and maintenance of a three-mile connector railway between the existing Coliseum BART station to the Oakland International Airport.


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