Ted Edward's presentation entitled "Understanding NC House Bill 857 Design Build and Public-Private Partnerships" provides an overview of the NC House Bill 857 and the requirements for utilizing design-build and public-private partnerships in North Carolina.
House Bill 857 permits state and local governments in North Carolina to utilize the design-build construction delivery method for publicly funded projects and it allows governmental entities to enter into public-private partnerships to fund construction projects. The design-build construction delivery method has long been used on federal construction projects but was previously not allowed on state-funded projects without special approval from the NC General Assembly. Public-private partnerships allow governmental entities and private developers to work together to form development agreements for construction projects which otherwise might be delayed or rejected due to funding concerns.
To view the full presentation, click here.