R-7, r. 1 - Regulation respecting leases and leasing and concession contracts of the Régie des installations olympiques

Section 3 Disposition versions

2012-09-01

3. Concession contracts may not be entered into without the authorization of the Conseil du trésor where the estimated annual turnover of the concession is $5,000,000 or more.

Subject to the first paragraph, concession contracts may not be entered into without the authorization of the board of directors of the Board unless the concession contract is of a duration of less than 3 months or of a non-continuous nature or unless, tenders having been called for, the contract is granted to the highest conformable tenderer whose principal establishment is in Québec, and:

(a)  the estimated annual turnover of the concession is less than $100,000; or

(b)  the estimated annual royalties of the concession are less than $10,000;

in such cases a concession contract may be entered into with the authorization of the president and chief executive officer or any other person designated by the board of directors of the Board.

R.R.Q., 1981, c. R-7, r. 1, s. 3.