Governance of public-private agreements.
HB 1128 establishes governance standards and oversight requirements for Indiana public-private partnership agreements to enhance transparency and protect public interests.
HB 1128 establishes governance standards and oversight requirements for Indiana public-private partnership agreements to enhance transparency and protect public interests.
HB 1128 establishes governance requirements and oversight procedures for public-private partnership (PPP) agreements in Indiana. The bill, sponsored by Representative Dave Heine, creates a framework for how state and local government entities can enter into and manage contracts with private sector partners for public infrastructure and service projects.
Public-private partnerships involve significant public resources and long-term commitments, so clear governance rules protect taxpayer interests and ensure transparency. Establishing standardized procedures helps prevent conflicts of interest, hidden costs, and unfavorable contract terms that can burden municipalities for decades. States with robust PPP oversight mechanisms experience fewer disputes and cost overruns on joint projects.
Compiled from official sources — confirm details with the bill’s official record.
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