California is completely ready to assess P3 candidate projects. On October 14th the California Transportation Commission (CTC) approved policy guidance addressing the Commission's role in selecting proposed Public private partnerships (P3) projects.The CTC developed the guidelines to assist Caltrans and regional transportation agencies (RTAs) to develop P3 transportation projects under Senate Bill 4 (Second Extraordinary session), enacted in February.The California Transportation comission describes on the guidance the following:- CTC will select and approve the projects nominated by Caltrans or an RTA seeking to use the P3 model.- How the selection processes will be.- The project report and information required to be submitted to the CTC.- The CTC's criteria for evaluating projects.- The timing and scope of the CTC's role.As always you can read every document I write about below here:PPP Resolution G-09-13 California Remeber that four major projects were proposed costing a total of US$30.8bn. These were:- a toll tunnel between Glendale and Palmdale;- a network of HOT lanes for San Diego;- a toll truck lanes system linking the ports of Los Angeles and Long Beach with the Inland Empire;- a toll truck lanes system linking the Port of Oakland and Silicon Valley with I-5.Other added projects under study are:- HOT lanes network for the San Francisco Bay Area;- Tolled truck lanes on I-5 from Santa Clarita to I-80;- Tolled truck lanes on I-15 from Barstow to Nevada line;- HOT lanes network for greater Los Angeles (Los Angeles, Orange, San Bernardino, and Riverside Counties);- I-710 gap closure tunnel beneath South Pasadena;- Riverside-Orange County tunnel from I-15 to SR 241.