Pro-Rata O&M Cost Calculation. HPTE and CDOT agree to allocate certain costs, as detailed in this Agreement, based on a proportion of the total number of vehicles using all lanes on the Project, with HPTE’s portion being calculated to include all vehicles obligated to pay a user fee within the Project, whether or not such user fee is actually collected, and CDOT’s portion being calculated to include all other vehicles (the “Pro-Rata O&M Cost Calculation”). For illustrative purposes only, if the applicable cost for purposes of the Pro-Rata O&M Cost Calculation is $100,000 per month, and 20% of the total vehicle count consisted of vehicles obligated to pay a user fee, HPTE would be responsible for $20,000 of such cost and CDOT would be responsible for $80,000 of such costs.
Pro-Rata O&M Cost Calculation. HPTE and CDOT agree to allocate certain costs, as detailed in this Agreement, based on a proportion of the total number of vehicles using all lanes on the Project during the prior year, with HPTE’s portion being calculated to include all vehicles obligated to pay a user fee within the Project, whether or not such user fee is actually collected, and CDOT’s portion being calculated to include all other vehicles (the “Pro-Rata O&M Cost Calculation”). For illustrative purposes only, if the applicable cost for purposes of the Pro-Rata O&M Cost Calculation is $100,000 per month, and 20% of the total vehicle count consisted of vehicles obligated to pay a user fee, HPTE would be responsible for $20,000 of such cost and CDOT would be responsible for $80,000 of such costs. Notwithstanding the foregoing, HPTE and CDOT may, by mutual agreement, modify the methodology for calculating the Pro-Rata O&M Cost Calculation as necessary to make use of traffic data available at the time such calculation is made.
