{"data":{"id":"us-ky/krs-56.8161","jurisdiction":"us-ky","citation":"KRS 56.8161","heading":"Determination that agency is entitled to use built -to-suit to acquire space --","body":"Definitions.\nIf the secretary of the Finance and Administration Cabinet determines that an agency is\nentitled to additional space and that built -to-suit on private property  or built -to-suit on\nstate-owned land is the most economically advantageous method for acquiring that space,\nthe secretary shall set forth his determination in a written finding which shall be approved\nby the Governor. The following definitions shall apply to built-to-suit projects:\n(1) \"Design-build-finance\" means a built -to-suit project delivery method in which the\nchief purchasing officer enters into a single procurement and contract award for\ndesign, construction, and financing of a capital project over  a contractually defined\nperiod; and in which the ownership and title of the capital project shall be conveyed\nat any time to the Commonwealth of Kentucky.\n(2) \"Design-build-finance-operate\" means a built -to-suit project delivery method in\nwhich the chief purchasing officer enters into a single procurement and contract\naward for design, construction, financing, and operation of a capital project over a\ncontractually defined period; and in which the ownership and title of the capital\nproject shall be conveyed at any time to the Commonwealth of Kentucky.","path":["KRS Chapter 56"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=22712","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:11Z","sha256":"0739de6549d236b6df67e982fa80121acc64e4090e103d64cef741d70a776954","source_id":"us-ky","stale":false,"prev":"us-ky/krs-56.816","next":"us-ky/krs-56.8163"},"notice":"GroundRules: Original legal text. Not legal advice."}