KRS 56.8035: Conditions under which proposal to lease, lease -purchase, or exercise
Where this section sits in the code
- KRS Chapter 56
options to purchase new construction may be considered.
(1) 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.
(2) The Department for Facilities Management shall only consider a proposal for
construction of leased office s pace 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.
(3) A building constructed and leased to the Commonwealth under t his 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.
Collected 2026-09-05T20:49:11Z. Source file · JSON