Colorado § 24-38-204 Public-private initiative agreements - cost savings

Colorado Statutes

§ 24-38-204 — Public-private initiative agreements - cost savings

Colorado·Title 24 Government·Art. Government Efficiency

(1)An agency shall enter into an agreement for each public-private initiative that it accepts.

(2)An agency shall include terms and conditions in the agreement that it determines are appropriate in the public interest.

(3)If an agency achieves cost savings in a fiscal year by entering into a public-private initiative agreement, the agency shall be eligible to retain a portion of any cost savings resulting from the agreement as provided in section 24-38-103.

(4)An agency that enters into a public-private initiative agreement with a nonprofit entity is not a partner or a joint venturer with the nonprofit entity for any purpose.

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(1) An
agency shall enter into an agreement for each public-private initiative that it
accepts.

(2) An agency shall include terms and conditions in the agreement that it
determines are appropriate in the public interest.

(3) If an agency achieves cost savings in a fiscal year by entering into a
public-private initiative agreement, the agency shall be eligible to retain a portion
of any cost savings resulting from the agreement as provided in section 24-38-103.

(4) An agency that enters into a public-private initiative agreement with a
nonprofit entity is not a partner or a joint venturer with the nonprofit entity for any
purpose.

Colorado § 24-38-204 (Public-private initiative agreements - cost savings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.