Idaho Statutes

§ 40-108 — DEFINITIONS — G

Idaho § 40-108
JurisdictionIdaho
Title 40HIGHWAYS AND BRIDGES
Ch. 1DEFINITIONS

This text of Idaho § 40-108 (DEFINITIONS — G) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Idaho Code § 40-108 (2026).

Text

(1)"GARVEE" means grant anticipation revenue vehicle, a debt financing instrument which enables states to finance state transportation infrastructure projects and to pay debt service and other bond-related expenses with future federal-aid highway apportionments.
(2)"Guaranteed maximum price (GMP)" means the total maximum price that includes all reimbursable costs and fees, except for material changes in the scope of work, for completion of a construction manager/general contractor contract that is provided by the selected contractor and accepted by the department.

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Legislative History

[40-108, added 2005, ch. 378, sec. 2, p. 1218; am. 2010, ch. 293, sec. 6, p. 780.]

Nearby Sections

15
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Bluebook (online)
Idaho § 40-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/40-108.