At long last, the Build America Bureau (BAB) has released draft Value for Money (VfM) analysis guidance that it was required to develop as part of the Bipartisan Infrastructure Law (BIL). The BIL created new requirements for public sponsors to apply VfM studies to new categories of projects, and tasked the BAB to develop new guidance for the studies.
The draft guidance is now available and open for a brief public comment period. Written comments on the proposed guidance must be submitted on or before December 31, 2024.
Related Articles
February 2025
Lessons from the IIJA: Inflation and Federal Infrastructure Legislation
February 2025
Muni Bond Tax Exemption — Back to the Chopping Block?
September 2024
Commentary: New Regulatory Risk for P3 Advisors
February 2024
PWF Interview: Nossaman’s Liz Cousins on P3 Challenges and Opportunities in 2024
January 2024
Biden Admin Completes Project Labor Agreement and GHG Rulemakings; Both Challenged in Court
November 2022
The P3 Audits That Need an Audit