Maglev contractor requirements

Act 74 of 1994, § 18, under CAPITAL BUDGET PROJECT ITEMIZATION ACT FOR 1994-1995.

Act 74 of 1994, § 18

Section 18. Maglev contractor requirements.

Any contractor selected for the development, testing and precision manufacturing and fabricating of Maglev guideway and structures under section 6(1)(vi)(A) shall have extensive knowledge of magnetic levitation technology and have been incorporated in this Commonwealth for at least three years for the express purpose of developing magnetic levitation technology. The contractor must also have demonstrated an ability to attract private sector investment involving labor and manufacturers within this Commonwealth and at least one major United States commercial airline, as well as the participation of at least one university within this Commonwealth. In addition, the contractor must also have demonstrated the ability to attract State and local funding for magnetic levitation development.