HB415 Summary

• Authorizes the Alabama Department of Transportation to enter into contracts and financing agreements with public and private entities for constructing public improvements and repairing department buildings, offices, and facilities.

• Allows the department to use various delivery methods including design-build, design-build-finance-operate-maintain, construction management at-risk, leases, licenses, franchises, and concessions.

• Establishes a $50,000,000 minimum threshold for construction costs before the department may enter into contracts under these new authorities.

• Requires the department to develop procedures for project evaluation, including proposal content, prequalification, applicant interviews, evaluation, negotiation, selection, and award processes.

• Permits projects to be evaluated and awarded based on qualifications of participants or best value considerations, taking into account the best interest of Alabama.