AUGUST 2017 – Legislation was passed in the state of Oklahoma supporting design-build and public-private partnerships (P3s). This is a large step for Oklahoma’s local governments and state agencies as public design-build projects must be authorized by law.
According to the Design-Build Institute of America (DBIA), only three states were using design-build delivery when the organization was founded in 1993. Today, more than 40% of the nation’s projects are delivered using design-build with widespread or full design-build authority provided in 42 states.
Enacting these alternative delivery methods further affirms Oklahoma’s commitment to finding better ways to deliver infrastructure projects for taxpayers, and encourages the future of design-build and P3 in the Midwest.
P3 projects are also growing rapidly in popularity in many states across the country. Private funding is an attractive option for governments, and for private parties, as state and local governments serve as reliable partners on projects that make for secure long-term investments.
For more information on the bill and its impact on the future of public infrastructure in the state, visit the Oklahoma State Legislature.