,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #dija  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #cj1 #bjba,mr4  
,torres ( ,new ,york introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
au?orize public h\s+ ag5cies to utilize 
c]ta9 contractual arrangem5ts 9 und]tak+
 developm5t projects involv+ public     
h\s+1 & = o!r purposes4  #a4 ,%ort title
 ,?is ,act may be cit$ z ! ,public ,h\s+
 ,procurem5t ,improvem5t ,act ( #bjba4  
#b4 ,public h\s+ ag5cy project deliv]y  
sy/em au?ority  7a7 ,9 g5]al ,section #e
 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg   
7#db ,u4,s4,c4 #adcg;c7 is am5d$ by add+
 at ! end ! foll[+ new subsection3  7j7 
,project deliv]y sy/em au?ority ,not)/&+
 any o!r provision ( ,f$]al1 ,/ate1 or  
local law1 b n includ+ requirem5ts or   
/&>ds ( conduct cov]+ conflicts ( int]e/
 & gov]n+ ! actions ( public h\s+ ag5cy 
employees engag$ 9 ! selection1 aw>d1 & 
adm9i/ration ( contracts & limit+       
noncompetitive contracts1 ! ,secret>y   

%all provide t1 9 und]tak+ any f$]ally  
fund$ l[-income h\s+ project involv+ !  
developm5t ( dwell+ units own$1 op]at$1 
or ma9ta9$ by a public h\s+ ag5cy1 !    
public h\s+ ag5cy may utilize any ( !   
foll[+ contractual arrangem5ts3 7#a7    
,design-build ,use ( an eng9e]+ or      
con/ruction firm1 or team ( firms1 hav+ 
! capability ( p]=m+ all ! eng9e]+1     
design1 procurem5t1 & developm5t by     
itself to execute ! total scope ( !     
project4  7#b7 ,con/ruction managem5t   
,use ( a con/ruction manag] :o is an    
indep5d5t contractor ( ! public h\s+    
ag5cy1 b n its ag5t1 & has              
responsibility = provid+ analysis &     
advisory s]vices relat$ to value        
eng9e]+1 con/ructability1 pric+ &       
project risks dur+ ! design phase ( !   
project1 & complete responsibility =    
sup]vision1 coord9ation1 & adm9i/ration 
( ! con/ruction phase ( ! project1      
includ+ ! responsibility = p]=m+ &      
procur+ con/ruction "w4  7#c7 ,be/ value
 ,use ( a selection & evaluation process

 "u :i* ! public h\s+ ag5cy1 or a panel 
select$ by ! ag5cy1 consid]s qualitative
 factors1 includ+ design solution1      
managem5t1 & s*$ule1 & price1 on "s     
=mula basis4  7#d7 ,prequalification    
,use ( a selection & evaluation process 
"u :i* ! public h\s+ ag5cy1 or a panel  
select$ by ! ag5cy1 t prequalifies      
propos]s bas$ on qualitative factors1   
includ+ qualifications & exp]i5ce1 &    
subsequ5tly all[s only prequalifi$      
propos]s to p>ticipate & bid 9 a be/    
value selection & evaluation process4   
7#e7 ,gu>ante$ maximum price ,use ( a   
reasonable contract pric+ /ructure )    
safe h>bors "u :i* ! total price =      
con/ruction-phase "w "u a design-build  
or con/ruction managem5t at risk        
contract is e/abli%$ on a co/-plus basis
 ) a gu>ante$ maximum am\nt t may be    
paid to ! contractor1 except = any      
adju/m5t "u o!r contract clauses provid+
 = equitable adju/m5t or o!r revision ( 
! contract price "u /at$ circum/ance1   
aft] #ie-p]c5t completion ( ! project   

design4  4  7b7 ,regulations ,!         
,secret>y ( ,h\s+ & ,urban ,developm5t  
%all issue su* regulations z may be     
necess>y to c>ry out ! provisions ( ?is 
section #e7;j7 ( ! ,unit$ ,/ates ,h\s+  
,act ( #aicg1 z add$ by ! am5dm5t made  
by subsection 7a7 ( ?is section4