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

Colorado Statutes

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

Colorado § 24-38-204

Title 24Government

Art.Government Efficiency

This text of Colorado § 24-38-204 (Public-private initiative agreements - cost savings) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 24-38-204 (2026).

Text

(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.