PENNSYLVANIA, September 29 - consideration its fair market value.

(3) The political subdivision, municipality authority or

transportation authority must publicly announce the identity

of the parties, the sale price and a summary of the other

terms and conditions relating to any proposed private sale at

a regular or special meeting of its governing body.

(4) After the public announcement of the sale is made in

accordance with paragraph (3), at least 30 days must elapse

before a political subdivision, municipality authority or

transportation authority may authorize the private sale in

accordance with this subsection.

(c) Contracts for services.--When a political subdivision,

municipality authority or transportation authority is required

to advertise for bids in order to enter into a contract for

services and no bids are received, the political subdivision,

municipality authority or transportation authority may proceed

as follows:

(1) The political subdivision, municipality authority or

transportation authority may advertise for bids a second

time.

(2) If no bids are received within 15 days of the second

advertisement, the political subdivision, municipality

authority or transportation authority may initiate

negotiations for a contract to obtain the services previously

advertised, with any provider not otherwise disqualified by

law or an enactment or policy of the governing body.

(3) Prior to executing the contract, the political

subdivision, municipality authority or transportation

authority, at a regular or special meeting of its governing

body, must publicly announce the identity of the parties, the

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