Connecticut General Statutes 4-255 – Public-private partnerships. Definitions
(a) As used in this section and sections 4-256 to 4-264, inclusive, unless the context indicates a different meaning:
Terms Used In Connecticut General Statutes 4-255
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(1) “Department” means the Department of Transportation;
(2) “Private entity” means any individual, corporation, general partnership, limited partnership, limited liability partnership, joint venture, nonprofit organization or other business entity;
(3) “Public-private partnership” means the relationship established between the department and a private entity by contracting for the performance of any combination of specified functions or responsibilities to design, develop, finance, construct, operate or maintain one or more state facilities;
(4) “Partnership agreement” means an agreement executed between the department and a private entity to establish a public-private partnership;
(5) “Project” means a project that the department has submitted to the Governor for approval as a public-private partnership;
(6) “Contractor” means a private entity that has entered into a public-private partnership agreement with the department;
(7) “Facility” means any transportation project used as public infrastructure;
(8) “Proposer” means a private entity submitting a competitive bid in response to solicitation or a proposal in response to a request for proposals for an approved project for consideration; and
(9) “Consultant” has the same meaning as provided in section 13b-20b.
(b) Notwithstanding the provisions of section 4b-51, once the project is approved by the Governor in accordance with section 4-256, the department may establish one or more public-private partnerships and execute a partnership agreement for a project in accordance with this section and sections 4-256 to 4-264, inclusive. A partnership agreement may not be established for the operation or maintenance of a facility unless such agreement also provides for the financing and development of such facility.
(c) The design, development, operation or maintenance of new or existing project types involving transportation systems, including transit-oriented development and related infrastructure, are eligible for consideration as a public-private partnership if approved as a project in accordance with section 4-256.