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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) To promote fairness, obtain private participants in turnpike projects, and promote confidence among those participants, an authority shall adopt rules, procedures, and other guidelines governing selection of private participants for comprehensive development agreements and negotiations of comprehensive development agreements. The rules must contain criteria relating to the qualifications of the participants and the award of the contracts.
(b) An authority shall have up-to-date procedures for participation in negotiations under this subchapter.
(c) An authority has exclusive judgment to determine the terms of an agreement.
Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 366.408. Rules, Procedures, and Guidelines Governing Selection and Negotiating Process - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-366-408/
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.
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