Rhode Island H7464 prohibits RIPTA from using state funds or bond proceeds for work on the Providence bus hub relocation project after August 1, 2026.

Rhode Island H7464 prohibits the Rhode Island Public Transit Authority (RIPTA) from using state funds or the proceeds of any bond to pay for work performed after August 1, 2026, related to the "transit center joint development project." This bill responds to concerns about the high cost of relocating the Providence bus hub and the lack of enforceable maximum pricing in the contracts. The bill aims to protect taxpayers and riders by ensuring that any further work on the project is done under an RFP that better safeguards their interests. The act takes effect upon passage.

Rhode Island H7464 prohibits RIPTA from using state funds or bond proceeds for work on the Providence bus hub relocation project after August 1, 2026.

Rhode Island H7464 prohibits the Rhode Island Public Transit Authority (RIPTA) from using state funds or the proceeds of any bond to pay for work performed after August 1, 2026, related to the "transit center joint development project." This bill responds to concerns about the high cost of relocating the Providence bus hub and the lack of enforceable maximum pricing in the contracts. The bill aims to protect taxpayers and riders by ensuring that any further work on the project is done under an RFP that better safeguards their interests. The act takes effect upon passage.