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Public-Private Partnerships in Utah

Utah’s Legislature and Governor are aiming to make Utah a friendly state for public-private partnerships.  In 2012, the Legislature enacted the “Public-Private Partnerships for Tollways Act” (Utah Code Title 72 Chapter 6 Part 2), which allowed the Utah Department of Transportation (UDOT) to enter into public-private partnerships for tollways and permitted both solicited and unsolicited proposals.

In 2020, the Legislature passed Senate Bill 90, which permitted unsolicited proposals for public-private partnerships for all infrastructure projects in the state (see Utah Code 63G-6a-712). It also enacted the “Facilitating Public-Private Partnerships Act” (Utah Code Title 63N Chapter 13 Part 3), which created a facilitator to match public entities’ infrastructure needs to the private sector.  Our organization, P3+, was ultimately chosen to serve as the facilitator.

Governor Spencer J. Cox has also championed public-private partnerships since taking office in 2021.  Upon taking office, Governor Cox outlined his administration’s strategic priorities in the “One Utah Roadmap.” A key component of the administration’s economic advancement plans was to “identify ways Utah can lead out on public-private partnerships focusing on clean energy (such as micro grids, battery storage, solar, hydrogen, etc.) in a fiscally prudent way” and to “expand Utah’s P3 Facilitator’s mandate to include promotion of sustainability, community living standards, inclusion, rural Utah development, and target industries.”

P3+ Facilitates Utah’s Public-Private Partnerships

P3+ is Utah’s first government entity designed to facilitate public-private partnerships.  Our team is a resource for investors, business, and Utah’s public entities interested in pursuing or exploring a public-private partnership.  We match investors and public-private partnership firms to public entities and offer technical advice and support.

Contact Us

If you represent a government entity or a public-private partnership firm and would like to connect with us, you can reach us at contact@p3plus.org or 801-980-7958.

Utah is Open for Business

Utah consistently ranks among the best states for business, innovation, and economic outlook.  Here are some recent recognitions that Utah has received:

  • Best Economy. Utah ranked the nation’s best economy and No. 3 Best State overall.  U.S. News & World Report. July 2022.
  • Best Economic Outlook. Utah was ranked No. 1 for the 15th year in a row. American Legislative Exchange Council. April 2022.
  • Best Economic Health. Wallethub. June 2022.
  • #3 State with Most Civic Engagement in Racial Equality. Wallethub. June 2022.
  • Highest GDP growth in U.S. Forbes. June 2021.
  • #3 Best State for Business. Forbes.

Utah’s historical AAA bond rating, low taxes, and low unemployment are some of the reasons why it consistently ranks among the top performing economic states.

Utah’s Commitment to Public-Private Partnerships

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