Common Contracts

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DRAFT COMPREHENSIVE MAINTENANCE AGREEMENT TERM SHEET
May 13th, 2015
  • Filed
    May 13th, 2015

This document provides background information and summarizes the major terms of the Comprehensive Maintenance Agreement (“COMA”) for maintaining the State Highway 249 Extension (the “Project”), which may be entered into by the Texas Department of Transportation (“TxDOT”) and the selected Proposer (“Maintenance Contractor”). The Maintenance Contractor will be the same entity or have the same equity participants as the Design-Build Contractor for the Project. This document is intended as a general description of certain major contract terms and is not a restatement or interpretation of the contract requirements. There are numerous details, exceptions and qualifications associated with the provisions described below which can only be ascertained by reviewing the COMA itself.

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