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MN HF2473
Bill
Status
2/23/2012
Primary Sponsor
King Banaian
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AI Summary
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Authorizes the Minnesota Commissioner of Transportation to use public-private partnership procurement methods for up to three pilot projects if objective analysis shows better long-term value than traditional procurement methods.
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Permits consideration of various partnership mechanisms including toll facilities, Build-Operate-Transfer (BOT) facilities, and Build-Transfer-Operate (BTO) facilities, with the Interstate 94/US Highway 10 River Crossing near Minnesota Trunk Highway 24 specifically identified as a potential project.
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Requires competitive selection of private entities and prohibits unsolicited proposals, noncompete agreements that inhibit state infrastructure needs, and mandates return of infrastructure to the state after a specified period if ownership is temporarily transferred.
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Specifies minimum agreement requirements including project scope, term, property interests, maintenance standards, user fees, federal/state/local law compliance, termination grounds, and allows optional provisions for insurance, financial statements, traffic reports, indemnification, and assignment of responsibilities.
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Directs the Commissioner to submit annual reports by August 1 to legislative transportation committees listing all executed pilot program agreements with details on contracting entities, contract amounts, duration, repayment requirements, and project progress.
Legislative Description
Transportation public-private partnership pilot program and related regulations established.
Last Action
Introduction and first reading, referred to Transportation Policy and Finance
2/23/2012