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§ 2611. Pilot established; intent

§ 2611. Pilot established; intent (a)(1) The General Assembly hereby establishes a pilot program to authorize the Agency, for a time-limited period, to receive solicited and unsolicited proposals and to enter into P3 agreements if certain conditions are met. (2) Nothing in this subchapter is intended to modify any obligations or rights under any other […]

§ 2612. Definitions

§ 2612. Definitions As used in this subchapter: (1) “Facility” means transportation infrastructure that is, or if developed, would be, within the jurisdiction of the Agency or eligible for federal-aid funding managed through the Agency. (2) “Project” means the capital development of a facility. (3) “Proposal” means a conditional offer of a private entity that, […]

§ 2613. Authority

§ 2613. Authority (a) The Agency is authorized to receive unsolicited proposals or to solicit proposals to undertake a project as a public-private partnership. The Agency shall develop, and have authority to amend, criteria to review and evaluate such proposals to determine if they are in the public interest and shall review and evaluate all […]

§ 2614. Legislative approval

§ 2614. Legislative approval If the Secretary determines that a proposal that requires legislative approval under section 2613 of this title is in the public interest and should be pursued, the Secretary shall submit to the General Assembly: (1) a description of the proposal, including: (A) a summary of the project scope and timeline; (B) […]

§ 2615. Report

§ 2615. Report (a) Annually, on or before January 15, the Agency shall report to the House and Senate Committees on Transportation: (1) for each P3 agreement entered into following legislative approval required under this subchapter, for as long as the agreement is in effect, a description of the current status of the project and […]