Haw. Code R. § 19-170-48 - Competitive bidding
(a) Should the
development corporation and any joint venturer determine to select a
developer-lessee by competitive bidding, the board and any joint venturer shall
prepare or cause to be prepared a development plan for the Aloha Tower complex
which incorporates the needs of the department of transportation, and which
will implement the intent of chapter
206J, HRS.
(b) The development plan will be prepared in
sufficient detail and with the specificity which will enable qualified bidders
to submit competitive priced tenders based on definitive requirements. Terms
will be set forth generally in the advertisement for sealed tenders.
(c) Notice of the request for bids shall be
published not less than three times in the two major Honolulu newspapers. No more than one of these publications shall be made on any one day or on two consecutive days.
(d) Leases will be awarded on the basis of
the highest return to the State and joint venturer.
Notes
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