Sec. 366.408. RULES, PROCEDURES, AND GUIDELINES GOVERNING SELECTION AND NEGOTIATING PROCESS. (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.
Added by Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792), Sec. 9.03, eff. June 11, 2007.
Section: Previous 366.260 366.261 366.262 366.301 366.302 366.303 366.304 366.401 366.402 366.403 366.404 366.405 366.406 366.407 366.408Last modified: September 28, 2016