The Vermont Statutes Online
The Statutes below include the actions of the 2024 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 19 : Highways
Chapter 026 : Design-Build Contracts and Public-Private Partnerships
Subchapter 002 : PUBLIC-PRIVATE PARTNERSHIP PILOT [REPEALED EFFECTIVE JULY 1, 2026]
(Cite as: 19 V.S.A. § 2614)-
§ 2614. Legislative approval
If the Secretary determines that a proposal that requires legislative approval under section 2613 of this title is in the public interest and should be pursued, the Secretary shall submit to the General Assembly:
(1) a description of the proposal, including:
(A) a summary of the project scope and timeline;
(B) the rights and obligations of the State and private entity partner or partners, including the level of involvement of all partners in any ongoing operations, maintenance, and ownership of a facility;
(C) the nature and amount of State funding of the project and of any ongoing State financial responsibility for ongoing maintenance or operation costs; and
(D) its effect on any project in the most recent approved Transportation Program;
(2) a statement detailing how the proposal meets the Agency’s criteria developed under this subchapter; and
(3) proposed legislation to confer authority to the Agency to enter into a P3 agreement with respect to the proposal. (Added 2017, No. 158 (Adj. Sess.), § 20, eff. May 21, 2018; repealed on July 1, 2026 by 2017, No. 158 (Adj. Sess.), § 21, as amended by 2023, No. 62, § 41.)
