DB Contractor acknowledges Sample Clauses

DB Contractor acknowledges. (i) Warranty Action is included in the Price and any Warranty Payment made by TxDOT is not for Warranty Action; (ii) TxDOT may make deductions from the invoiced amount of Warranty Payment (up to the amount of the maximum Warranty Payment) for failure by DB Contractor to perform any of the Texas Department of Transportation [ Name of Project ] [Date] [ DRAFT/ FINAL ] EXHIBIT 4 Page 11 Request for Proposals [Addendum #/Final] Design-Build Agreement Ex. 4 – Performance Warranty Version 6.0 – November 2023 (iii) TxDOT is entitled to deduct from any invoices for the Warranty Payment its reasonable estimate of future costs or actual cost incurred as a result of failure by DB Contractor to perform any of the specified duties. Texas Department of Transportation EXHIBIT 4 [ Name of Project ] Page 12 Request for Proposals [Addendum #/Final] [Date] [ DRAFT/ FINAL ] Design-Build Agreement [To be included only if a Performance Warranty is used.] [To be replaced with actual Warranty Bond] [INSERT NAME OF PROJECT] Bond No.