17 Alaska Admin. Code § 42.390

Current through November 28, 2024
Section 17 AAC 42.390 - Standards of responsibility
(a) In determining whether a bidder or proposer under 17 AAC 42.300 - 17 AAC 42.399 is responsible, the airport manager or evaluation committee, as applicable, shall consider such relevant factors as the bidder's or proposer's
(1) record of operational and contractual performance;
(2) legal qualification to contract with the state;
(3) financial capacity and access to financing relative to the obligations of the lease, permit, or concession; and
(4) possession of, plan to obtain, or documented commitment from a third person to provide, as applicable, equipment, expertise, personnel, franchise rights, or other items necessary to fulfill the obligations of the lease, permit, or concession.
(b) A finding of responsibility under this section or under another provision of 17 AAC 42.300 - 17 AAC 42.399, as applicable, does not relieve a bidder or proposer from any requirement for performance under the lease, permit, or concession.

17 AAC 42.390

Eff. 1/14/2001, Register 157

Authority:AS 02.15.020

AS 02.15.060

AS 02.15.070

AS 02.15.090