New Hampshire Revised Statutes 228:112 – Project Reports
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I. For each request to establish a public-private partnership contract for design-build-finance-operate-maintain or design-build-operate-maintain services, the commission shall report on issues surrounding the project including, but not limited to:
(a) The impact on current state employees.
(b) The policy and regulatory structure for overseeing a privately operated transportation facility and ongoing legislative oversight.
(c) Issues of taxation, profit-sharing, and resolution of new revenue producing ideas.
(d) Advertising and marketing.
(e) Use of new technologies.
(f) Lease terms and termination clauses.
(g) Additional responsibilities by both the private infrastructure operator and the state during the lease period.
(h) The financial valuation of the state transportation facility.
(i) Issues of public concern.
(j) The anticipated advantages of entering into the anticipated public-private agreement for design-build-finance-operate-maintain or design-build-operate-maintain services.
II. The report shall be delivered within 30 days of the commission’s recommendation concerning the use of design-build-finance-operate-maintain or design-build-operate-maintain services to the chairpersons of the public works and highways committee and the senate transportation committee and the governor and council.
(a) The impact on current state employees.
Terms Used In New Hampshire Revised Statutes 228:112
- Contract: A legal written agreement that becomes binding when signed.
- governor and council: shall mean the governor with the advice and consent of the council. See New Hampshire Revised Statutes 21:31-a
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Oversight: Committee review of the activities of a Federal agency or program.
- 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.
- state: when applied to different parts of the United States, may extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall include said district and territories. See New Hampshire Revised Statutes 21:4
(b) The policy and regulatory structure for overseeing a privately operated transportation facility and ongoing legislative oversight.
(c) Issues of taxation, profit-sharing, and resolution of new revenue producing ideas.
(d) Advertising and marketing.
(e) Use of new technologies.
(f) Lease terms and termination clauses.
(g) Additional responsibilities by both the private infrastructure operator and the state during the lease period.
(h) The financial valuation of the state transportation facility.
(i) Issues of public concern.
(j) The anticipated advantages of entering into the anticipated public-private agreement for design-build-finance-operate-maintain or design-build-operate-maintain services.
II. The report shall be delivered within 30 days of the commission’s recommendation concerning the use of design-build-finance-operate-maintain or design-build-operate-maintain services to the chairpersons of the public works and highways committee and the senate transportation committee and the governor and council.