Texas Commission Unanimously Votes For Faster PPP Deals

Law360, New York (September 20, 2012, 3:50 PM EDT) -- The Texas Facilities Commission unanimously approved a measure Wednesday that will shorten the process for approving public-private partnership projects by up to several months and will increase transparency, but which has local officials divided on its effect on project competition.

Delegating authority to the TFC's executive director to accept or reject proposals will allow project information to be posted on the commission's site within a 10-day period of the director's decision, shaving up to three to four months' worth of red tape that had sidled other...
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