Oregon Revised Statutes Chapter 383 § 383.005 — Agreements for tollway projects; operation of projects

Agreements for tollway projects; operation of projects. (1) For purposes of the acquisition, design, construction, reconstruction, operation or maintenance and repair of tollways or tollway projects, the Department of Transportation may enter into any combination of contracts, agreements and other arrangements with any one or more private entities or units of government, or any combination thereof, including but not limited to the following: (a) Design-build contracts with private entities pursuant to which a portion or all aspects of the design, construction and installation of all or any portion of a tollway or a tollway project are accomplished by the private entity; (b) Lease agreements, lease-purchase agreements and installment sale arrangements for the lease, sale or purchase of real and personal property for tollways or tollway projects by the state from private entities or units of government or by private entities or units of government from the state; (c) Licenses, franchises or other agreements for the periodic or long-term operation or maintenance of a tollway or a tollway project; (d) Financing agreements for a tollway or a tollway project pursuant to which the department borrows from, or makes any loan, grant, guaranty or other financing arrangement to or with, a private entity or unit of government; and (e) Agreements for purchase or acquisition of fee ownership, easements, rights of way or any other interests in land upon which a tollway or a tollway project is to be built. (2) The department may operate tollways or tollway projects and impose, collect and disburse tolls on any tollway or tollway project the department operates or that is operated on behalf of the department. The department may, under any combination of reciprocal agreements with a unit of government or private entity, operate or cause to be operated on its behalf, tollways or tollway projects, and set, impose, retain, collect and disburse tolls on any tollway or tollway project. [1995 c.668 §3; 2001 c.844 §7; 2013 c.4 §14; 2025 c.255 §7]