(a)Prior to or in connection with the negotiation of the public-private agreement, the responsible public entity may enter into an interim agreement with the approved proposer. Such interim agreement may:
(1)permit the approved proposer to commence activities relating to a proposed project as the responsible public entity and the approved proposer shall agree to and for which the approved proposer may be compensated, including, but not limited to, project planning, advance right-of-way acquisition, design and engineering, environmental analysis and mitigation, survey, conducting transportation and revenue studies, and ascertaining the availability of financing for the proposed facility or facilities;
(2)establish the process and timing of the exclusive negotiation of a public-private ag
Free access — add to your briefcase to read the full text and ask questions with AI
(a) Prior to or in connection with the negotiation of the public-private agreement, the responsible public entity may enter into an interim agreement with the approved proposer. Such interim agreement may: (1) permit the approved proposer to commence activities relating to a proposed project as the responsible public entity and the approved proposer shall agree to and for which the approved proposer may be compensated, including, but not limited to, project planning, advance right-of-way acquisition, design and engineering, environmental analysis and mitigation, survey, conducting transportation and revenue studies, and ascertaining the availability of financing for the proposed facility or facilities; (2) establish the process and timing of the exclusive negotiation of a public-private agreement with an approved proposer; (3) require that in the event the responsible public entity determines not to proceed with a project after the approved proposer and the responsible public entity have executed an interim agreement, and thereby terminates the interim agreement or declines to proceed with negotiation of a public-private agreement with an approved proposer, the responsible public entity shall pay to the approved proposer certain fees and costs incurred by the approved proposer; (4) establish the ownership in the State or in the Authority of the concepts and designs in the event of termination of the interim agreement; (5) establish procedures for the selection of professional design firms and subcontractors, which shall include procedures consistent with the Architectural, Engineering, and Land Surveying Qualifications Based Selection Act for the selection of design professional firms and may include, in the discretion of the responsible public entity, procedures consistent with the low bid procurement procedures outlined in the Illinois Procurement Code for the selection of construction companies; and (6) contain any other provisions related to any aspect of the transportation project that the parties may deem appropriate. (b) A responsible public entity may enter into an interim agreement with multiple approved proposers if the responsible public entity determines in writing that it is in the public interest to do so. (c) The approved proposer shall select firms that are prequalified by the responsible public entity pursuant to Section 20 of the Architectural, Engineering, and Land Surveying Qualifications Based Selection Act to provide architectural, engineering, and land surveying services to undertake activities related to the transportation project.