Privatization of Essential Governmental Services
The firm has been at the forefront of the analysis of the issues and the representation of public bodies in making the choices under the various acts that provide the basis for the sale or private operating arrangements between regulated and unregulated private utilities and the municipalities in New Jersey.
These transactions include either the sale of the utility system under the Public Utilities Law (N.J.S.A. 40:62-1, et seq.), or the negotiation of a public/private operating partnership through a variety of statutes which, in the case of the water system, include the County and Municipal Water Supply Act (N.J.S.A. 40A:31-1, et seq.), as well as the New Jersey Water Supply Privatization Act (N.J.S.A. 58:26-1, et seq.) and, in the case of the wastewater system, the Wastewater Treatment Privatization Act (N.J.S.A. 58:27-1, et seq.). The firm analyzes all of the business, structural and tax issues associated with these arrangements.
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© 2007 McManimon & Scotland, L.L.C.
