Just as with outsourcing project management and operations, states should also allow for public agencies to enter into long-term leases of asset management functions for projects constructed through PPP agreements such long-term leases are assessed as the best option, taking into account financial and economic uncertainty, risks, costs and benefits. All states except California (which has no statute explicitly allowing for this) permit these types of arrangements. Alabama limits these contracts to a term of 20 years, while Louisiana explicitly allows private entities to contract with third parties to maintain PPP facilities. Virginia requires private agencies to submit asset management contracts to a competitive bidding process unless these contracts are part of a comprehensive agreement.