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H.R. 4485: Public-Private Partnerships for Prosperity (P4) Act

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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Sep 25, 2019.

Public-Private Partnerships for Prosperity (P4) Act

This bill directs the General Services Administration to carry out a pilot program to enter into public-private partnerships to carry out projects to acquire space for public building purposes.

The Government Accountability Office shall conduct a review of all such projects and submit a report to Congress that includes (1) a review and evaluation of the public-private partnerships executed and a comparison of such agreements to similar projects completed as government construction, and (2) recommendations on the use of public-private partnerships as options for meeting the space needs of the federal government.