Virginia Code 30-278: Definitions
As used in this chapter:
Terms Used In Virginia Code 30-278
- Commission: means the Public-Private Partnership Advisory Commission. See Virginia Code 30-278
- 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.
- Qualifying project: means the same as that term is defined in the Public-Private Education Facilities and Infrastructure Act of 2002. See Virginia Code 30-278
- Responsible public entity: means a public entity that is an agency or institution of the Commonwealth and that has the power to develop or operate a qualifying project. See Virginia Code 30-278
“Commission” means the Public-Private Partnership Advisory Commission.
“Comprehensive agreement” means the same as the term is defined in the Public-Private Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq.).
“Detailed proposal” means a proposal accepted by a responsible public entity beyond a conceptual level of review and at which time issues such as fixing costs, payment schedules, financing, deliverables, and project schedule are defined.
“Interim agreement” means the same as the term is defined in the Public-Private Education Facilities and Infrastructure Act of 2002.
“Qualifying project” means the same as that term is defined in the Public-Private Education Facilities and Infrastructure Act of 2002.
“Responsible public entity” means a public entity that is an agency or institution of the Commonwealth and that has the power to develop or operate a qualifying project.
2007, c. 764.