Skip to main content
Find a Lawyer

Kentucky Revised Statutes Title VII. Public Property and Public Printing § 56.8161.Determination that agency is entitled to use built-to-suit to acquire space; definitions

Current as of January 01, 2021 | Updated by FindLaw Staff

If the secretary of the Finance and Administration Cabinet determines that an agency is entitled to additional space and that built-to-suit on private property or built-to-suit on state-owned land is the most economically advantageous method for acquiring that space, the secretary shall set forth his determination in a written finding which shall be approved by the Governor. The following definitions shall apply to built-to-suit projects:

(1) “Design-build-finance” means a built-to-suit project delivery method in which the chief purchasing officer enters into a single procurement and contract award for design, construction, and financing of a capital project over a contractually defined period; and in which the ownership and title of the capital project shall be conveyed at any time to the Commonwealth of Kentucky.

(2) “Design-build-finance-operate” means a built-to-suit project delivery method in which the chief purchasing officer enters into a single procurement and contract award for design, construction, financing, and operation of a capital project over a contractually defined period; and in which the ownership and title of the capital project shall be conveyed at any time to the Commonwealth of Kentucky.

Back to chapter list
Previous part of code Next part of code
Back to chapter list

Cite this article: FindLaw.com - Kentucky Revised Statutes Title VII. Public Property and Public Printing § 56.8161.Determination that agency is entitled to use built-to-suit to acquire space; definitions - last updated January 01, 2021 | https://codes.findlaw.com/ky/title-vii-public-property-and-public-printing/ky-rev-st-sect-56-8161/

Read this complete Kentucky Revised Statutes Title VII. Public Property and Public Printing § 56.8161.Determination that agency is entitled to use built-to-suit to acquire space; definitions on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Was this helpful?

Search all Kentucky Codes

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About the Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to find an attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

    More Options
    Copied to clipboard