2 Del. Admin. Code § 2311-4.0

Current through Reigster Vol. 28, No. 6, December 1, 2024

Section 2311-4.0 - General Policies Governing Long-Term Leases of DelDOT Owned Property

4.1 Form leases shall be prepared by in-house legal counsel.

4.2 All long-term leases or modifications thereof shall require the review of in-house legal counsel and the signature of the Secretary or the Secretary's designee.

4.3 If Federal aid was used to acquire the property suggested for lease, DelDOT will request permission from the FHWA to lease the property at less than fair market rental value, if no bids are received in any higher amount.

2 Del. Admin. Code § 2311-4.0

14 DE Reg. 196 (09/01/10)