If upon expiration or cancellation of the current contract, the Board decides to once again contract the administration and the operation of all or part of the Commonwealth Aqueducts System, the Commonwealth Sewers System or any other property of the Authority, the validity of said contract shall be subject to the approval of the Governor and the Legislature. If the Governor of Puerto Rico approves the negotiation under the same terms and conditions that were approved by the Board, and incorporated to the documents of the contract signed by the parties, the Governor shall remit a report, to the Legislature, together with an analysis of the objective criteria used by the Board to evaluate the contracting offers, for its approval. The Legislature shall have access to all documents and information considered by the Board in the selection process of the proposal under the same terms and conditions enjoyed by the Board. The granting of the contract shall be deemed authorized if the Legislature, through a joint resolution, approves the contracting with the same terms and condition that were approved by the Board and the Governor. The Legislature shall approve the joint resolution in a term of not more than sixty (60) days. If no action is taken within said term, the transaction shall be deemed as approved. Any modification that does not constitute a renewal of any administration contract must be notified to the Legislature not less than five (5) days before it takes effect.
History —May 1, 1945, No. 40, p. 138, added as § 3A on June 30, 2002, No. 95, § 3.