The Act Respecting Contracting By Public Bodies ("Contracting By Public Bodies Act") (Bill 17, 2006, chapter 29), assented to by the Quebec National Assembly on 15th of June 2006, comes into effect on the 1st of October 2008 along with its associated regulations. The aim of the Act is to standardize and harmonize the rules and conditions for awarding contracts between public bodies and private contractors, including public-private partnerships ("PPPs"), in order to achieve transparency in the contracting processes, the honest and fair treatment of tenderers and accountability of the chief executive officers of public bodies to verify the proper use of public funds. The Contracting By Public Bodies Act prevails over any contrary prior or subsequent law unless that law expressly states otherwise.