For many community leaders, securing financing can be a significant obstacle to progress. But that’s changing. In Indiana, new legislation offers opportunities that weren’t available in the past. Now public entities can access funding through a type of public-private partnership known as a Build Operate Transfer contract (BOT).

In July 2022, Senate Bill 166 made BOT financing a new option, allowing governmental bodies to enter public-private agreements to finance transportation and infrastructure projects. In the past, local units of government had fewer choices to finance projects.  Often communities either waited for a grant opportunity that wasn’t guaranteed. They may have financed or borrowed for capital projects or they were forced to pay as they went. Often these options either weren’t desirable or simply weren’t reliable. Cities and counties in Indiana are now empowered to work with private partners to improve their communities.

A new partner

Avenew can help. Our experience in the public sector means we know how to get projects off the ground and build communities that last for the long term. We can help you secure and apply this new financing option to your infrastructure, horizontal construction and asset management projects.

BOT Q&A

When are BOT contracts used?

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How do BOT contracts work?

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How does Avenew help?

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What are some good examples of BOT contracts?

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Where can I learn more about BOT contracts?

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BOT contracts help cash-strapped local governments finance complicated infrastructure projects.

In BOT contracts, private companies typically support public entities’ projects for mutually agreeable terms.

Kentucky's Lewis and Clark Bridge was built with a BOT contract in 2016.

A type of BOT contract helped Florida deliver Interstate 595 improvements 15 years ahead of schedule.

We can help you access new financing options like Build Operate Transfer contracts so you can fund important projects and get them moving. What do you want to build?

Let’s Get Building