State Survey of P3 Authorizing Statutes: Oregon

Or. Rev. Stat. §§ 367.800 thru 826

Summary

The Oregon Innovative Partnerships Program within the state DOT is authorized to enter into agreements with private entities to plan, acquire, finance, develop, design, construct, reconstruct, replace, improve, maintain, manage, repair, lease, and/or operate transportation projects.

The DOT may not enter into, and the commission may not approve, an agreement under this section for the construction of a public improvement as part of a transportation project unless the agreement provides for bonding, financial guarantees, deposits, or the posting of other security to secure the payment of laborers, subcontractors, and suppliers who perform work or provide materials as part of the project.

Excerpt:

“367.806 Agreements.

(b) The department may not enter into, and the commission may not approve, an agreement under this section for the construction of a public improvement as part of a transportation project unless the agreement provides for bonding, financial guarantees, deposits or the posting of other security to secure the payment of laborers, subcontractors and suppliers who perform work or provide materials as part of the project.”

Or. Rev. Stat. §§ 383.001 thru 075

Summary

The law provides that private funding should be encouraged as an additional source of funding for transportation projects and facilities. The law authorizes the state DOT to enter into agreements with private entities and/or units of government to acquire, design, construct, reconstruct, operate or maintain and repair tollway projects.

No surety bond language.

OR ST 381.310 to 314

Summary

The law authorizes the Port of Hood River to conduct tollway projects within its district through a P3. Private entities may own and operate the tollway in an agreement with the port.

Excerpt:

Section 2 (4)(a)(A) ORS 279C.380, 279C.385 and 279C.390 and 279C.800 to 279C.870 apply to the bridge project activity.