Payment for Work Product. ADOT currently anticipates offering each unsuccessful Short-Listed Proposer that submits a responsive proposal to the RFP a stipend in exchange for ownership of the Proposal work product and the ideas created in such Proposal. Any payment of such stipend shall be provided in return for the transfer and assignment to ADOT of rights to intellectual property, ideas, materials, techniques, concepts, and approaches included in the unsuccessful Short-Listed Proposer’s Proposal, and ADOT reserves the right to use such property, ideas, materials, techniques, and approaches in connection with a P3 Agreement awarded for the Project, or in connection with any subsequent procurement, with no obligation to pay additional compensation to the unsuccessful Short-Listed Proposer. It is currently anticipated that the payment for work product shall be paid to eligible Short-Listed Proposers within ninety
Appears in 3 contracts
Sources: Public Private Partnership Agreement, Public Private Partnership Agreement, Public Private Partnership Agreement