Common Contracts

DRAFT DESIGN-BUILD AGREEMENT TERM SHEET

May 13th, 2015

• Filed
  May 13th, 2015

This document provides background information and summarizes the major terms of the Design-Build Agreement (“DBA”) for the design and construction of the SH 249 Extension (“Project”), which may be entered into by the Texas Department of Transportation (“TxDOT”) and a firm (“Design-Build Contractor”) to be selected based on responses to a Request for Proposals (“RFP”). This document is intended as a general description of the anticipated major contract terms of the DBA, and is not a restatement or interpretation of the DBA requirements. There are numerous details, exceptions and qualifications associated with the anticipated provisions described below which can only be ascertained by reviewing the DBA itself.