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Current as of January 01, 2024 | Updated by Findlaw Staff
(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 law.
(b) Before the authority conferred under this subchapter terminates, the General Assembly intends to:
(1) review whether and how the Agency has exercised the authority and whether the P3 agreements it has entered into have served the public interest; and
(2) determine whether the authority should terminate, be extended, or be amended.
(c) If the Agency's authority under this subchapter terminates, the General Assembly intends that:
(1) the Agency not have authority to pursue any proposal that has not resulted in a P3 agreement prior to termination of the Agency's authority; and
(2) any P3 agreement lawfully entered into prior to termination of the Agency's authority shall continue in effect after termination of the authority.
Cite this article: FindLaw.com - Vermont Statutes Title 19. Highways, § 2611. Pilot established; intent - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-19-highways/vt-st-tit-19-sect-2611/
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