State Survey of P3 Authorizing Statutes: Michigan

Mich. Comp. Laws §§ 124.401 to .426

Summary

The law authorizes metropolitan transportation authorities to use P3s.

Note: This law pre-dates other state P3 authorizing statutes; however, the language appears to authorize the use of P3s.

No surety bond language.

Mich. Comp. Laws §§ 125.1871 to .1883

Summary

The law authorizes municipalities to solicit private investors for financing for public facility projects through negotiated partnership agreements. The private financing would be in addition to public sources and user fees that the municipality may seek to fund the project. The construction and operation of a public facility under this law must be in conformity with all laws relating to the use of state and federal funds.

No surety bond language.

MI Code. Ann., Sec 2

Summary

Establishes the State Infrastructure Council; prescribes the powers and duties of certain state and local agencies and officials; requires the Council to develop a multiyear program, work plan, budget, and funding recommendation for asset management; relates to drinking water, wastewater, stormwater, transportation, energy, and communications.

Excerpt:

No reference to performance security and MI Little Miller Acts–M.C.L.A. §§ 129.201 thru .212 (non-highway) M.C.L.A.