An Adjudications Board is hereby created to award contracts for the final design, construction, operation, and maintenance of highways, constituted by the President of the Government Development Bank for Puerto Rico, who shall be its chairperson, the Secretary of Consumer Affairs, and the Secretary of the Treasury.
This Board shall have the following functions:
(a) To receive the recommendations of the Secretary of Transportation and Public Works, or his delegate, and award the negotiated competitive bids referred to in § 2004g of this title.
(b) To ratify the contracts referred to in §§ 2004a and 2004b of this title, once such contracts have been negotiated by the Secretary, the Authority, and/or the delegate thereof which shall contain the term of the contract, the fare structure of the toll, charge, or tax to be paid by users, as well as the formula for its adjustment during the term of each contract.
(c) To ensure adequate compliance with the regulations and procedures established to negotiate and award contracts and bids.
(d) To approve the regulations referred to in subsection (b) of § 2004g of this title.
(e) To submit a report to the Governor and the Legislature on bids and contracts awarded and ratified by it, and a certificate that establishes that all the procedures and requirements for such awards and contracts provided by law and regulations have been complied with.
History —June 23, 1965, No. 74, p. 158, added as § 4-F on Aug. 24, 1990, No. 4, p. 1400, § 6; Dec. 27, 2013, No. 174, § 4.