12 Guam Code Ann. § 10401
Terms Used In 12 Guam Code Ann. § 10401
- Contract: A legal written agreement that becomes binding when signed.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) The RFP, MSB and/or IFB shall include performance standards that will provide operating criteria, guidelines and requirements to minimize costly downtime and maximize cargo handling equipment availability and its life span. Parties interested in submitting proposals shall have sixty (60) days to prepare and submit a response to the Port. The General Services Agency Chief Procurement Officer shall be an observer throughout the RFP, MSB or IFB process as specified in this Section, shall receive copies of all documents involved and shall be invited to any meetings regarding the public-private partnership process specified in this Section.
(c) The Port may award a performance management contract subject to the RFP, MSB or IFB detailed in this Section no later than two hundred twenty (220) days from the established deadline for submission or receipt of the RFP, MSB or IFB; provided, that qualified offerors have submitted proposals in compliance with the procurement laws of Guam and the provisions of this Section. The Attorney General shall act as legal advisor during all phases of the solicitation or procurement process and shall have the authority to extend the timelines as outlined in this Section as it deems necessary.
SOURCE: Added by P.L. 29-023:1 (Oct. 24, 2007). Amended by P.L. 30-090:2 (Feb. 8, 2010).
2013 NOTE: Subsection designations were added to adhere to the Compiler’s alpha-numeric scheme in accordance to the authority granted by 1 Guam Code Ann. § 1606.
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12 Guam Code Ann. AUTONOMOUS AGENCIES
CH. 10 PORT AUTHORITY OF GUAM