Common use of Payment for Work Prior to NTP2 Clause in Contracts

Payment for Work Prior to NTP2. DB Contractor acknowledges and agrees that the amount of funds available to pay for Work prior to issuance of NTP2 is limited to $3,000,000. TxDOT has no obligation to make any payments to DB Contractor in excess of $3,000,000 until such time (if any) as NTP2 is issued.

Appears in 7 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

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Payment for Work Prior to NTP2. DB Contractor acknowledges and agrees that the amount of funds available to pay for Work prior to issuance of NTP2 is limited to $3,000,00015,000,000. TxDOT has no obligation to make any payments to DB Contractor in excess of $3,000,000 15,000,000 until such time (if any) as NTP2 is issued.

Appears in 5 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

Payment for Work Prior to NTP2. DB Contractor acknowledges and agrees that the amount of funds available to pay for Work prior to issuance of NTP2 is limited to $3,000,00050,000,000. TxDOT has no obligation to make any payments to DB Contractor in excess of $3,000,000 50,000,000 until such time (if any) as NTP2 is issued.

Appears in 4 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

Payment for Work Prior to NTP2. DB Contractor acknowledges and agrees that the amount of funds available to pay for Work prior to issuance of NTP2 is limited to $3,000,0002,000,000. TxDOT has no obligation to make any payments to DB Contractor in excess of $3,000,000 2,000,000 until such time (if any) as NTP2 is issued.

Appears in 1 contract

Samples: Design Build Contract

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Payment for Work Prior to NTP2. DB Contractor acknowledges and agrees that the amount of funds available to pay for Work prior to issuance of NTP2 is limited to $3,000,0003,048,000.00. TxDOT has no obligation to make any payments to DB Contractor in excess of $3,000,000 3,048,000.00 until such time (if any) as NTP2 is issued.

Appears in 1 contract

Samples: Design Build Agreement

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