HB 2876 Summary

• Increases stipulated fees paid to unsuccessful design-build proposers from two-tenths to four-tenths of one percent of the estimated design and construction cost in highway department contracts and public-private partnerships.

• Applies the same four-tenths of one percent stipulated fee requirement to design-build construction services procured by other governmental agents under section 34-603.

• Allows unsuccessful proposers to waive the stipulated fee, which prevents the government from using their ideas or information in subsequent contracts unless another proposer accepts the fee.

• Clarifies that government entities may use ideas from proposals of fee-accepting unsuccessful proposers without additional compensation, while restricting use of ideas from proposers who waive the fee.