About the
Providence Buildings Authority
The Providence Public Buildings Authority (PPBA) is an independent fiduciary body created by state statute “for the purpose of maintaining and repairing city-owned assets, and for the construction of new facilities through alternative financing techniques.”
Established in 1987, the PPBA has overseen the borrowing and disbursement of nearly $1 billion in various bond funding over the course of its lifetime.
As an independent fiduciary, the PPBA is authorized by the City Council and the Mayor to provide third-party oversight on city bond spending. Our responsibilities include:
- General Program Management
- RFP Process Oversight
- Budgeting & Due Diligence
- Technical Document Review
- Tracking Spending
- Assisting in Award Process
Our Mission | Accountability. Efficiency. Transparency
We all agree Providence taxpayers deserve to know how their tax dollars are being spent. Working alongside the City of Providence, the mission of the PPBA is to maximize taxpayers’ Return on Investment, while providing complete transparency during every step of the bond process.