Minn. Stat. §§ 160.84 thru 98
Summary
The law generally authorizes state and local road authorities to enter into agreements with private entities to develop, finance, design, construct, improve, rehabilitate, own or operate toll facilities, as well as high occupancy toll lanes (HOT lanes).
The law provides that the extent to which a private entity can operate and maintain a road is significantly limited. The law prohibits a road authority or a private operator from converting, transferring, or utilizing any portion of a highway to impose tolls or for use as a toll facility and it prohibits a road authority from selling, leasing, executing a development agreement for a build‐operate‐transfer or build‐transfer‐operate facility that transfers an existing highway lane, or otherwise relinquishing management of a highway.
No surety bond language.
NASBP Letter Addressing Locality Requirements in VA Bid Bond