Procurement Regulations and Statutes Apply; Competitive Bidding Required for Joint Venture

10 CMC § 1205, under Rota Television Cable Act.

10 CMC § 1205

Procurement Regulations and Statutes Apply; Competitive Bidding Required for Joint Venture. In entering into any joint venture agreement with a private entrepreneur or private corporation for joint promotion, operation, construction, or maintenance of a television cable system, the mayor shall adopt and strictly follow the Commonwealth procurement regulations or procurement statutes, to ensure that competitive bids are received from interested private parties. Source: Rota LL 6-7, § 7.