There is a newer version of this Section
2022
2021 (you are here)
2020
2019
2018
Other previous versions
View our newest version here

2021 Kentucky Revised Statutes
Chapter 56 - State lands and buildings
56.8035 Conditions under which proposal to lease, lease-purchase, or exercise options to purchase new construction may be considered.

Universal Citation: KY Rev Stat § 56.8035 (2021)
Previous Next

Download as PDF
56.8035 Conditions under which proposal to lease, lease-purchase, or exercise options to purchase new construction may be considered. (1) (2) (3) When the Department for Facilities Management solicits for procurement of leased office space under the provisions of KRS 56.803, a proposal for new construction shall be considered if it does not contain any provision for a lease-purchase or an option to purchase. The Department for Facilities Management shall only consider a proposal for construction of leased office space with provision for lease-purchase or option to purchase if the proposal is submitted in response to a solicitation for proposals for built-to-suit leases in accordance with KRS 56.8169. A building constructed and leased to the Commonwealth under this section shall be constructed: (a) In accordance with all applicable state and national safety, building, and construction code requirements; and (b) To last for a minimum of thirty (30) years. Effective: July 14, 2000 History: Amended 2000 Ky. Acts ch. 63, sec. 3, effective July 14, 2000. -- Created 1998 Ky. Acts ch. 539, sec. 7, effective July 15, 1998.
Previous Next
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.