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Governmental Accounting Standards Board Proposes Updated P3 Guidelines

The primary objective of the guidelines is to improve financial reporting by addressing issues related to P3s and APAs. The guidelines provide uniform guidance on accounting and financial reporting for transactions that meet...more

New Jersey P3 Legislation Expands Opportunities for Major Infrastructure Projects, Including Roads

New Jersey has enacted legislation that greatly expands the pool of public agencies authorized to enter into public-private partnerships (P3s) for capital projects in the state, in order to address growing infrastructure...more

Massachusetts Court Rules on LIHTC Right of First Refusal Provisions

On June 15, 2018, the Massachusetts Supreme Judicial Court affirmed a grant of summary judgment by the Massachusetts Superior Court to a nonprofit developer allowing it to exercise its Section 42 right of first refusal...more

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