FORM OF DESIGN-BUILD WORK GUARANTEEGuaranty (Design-Build Contract) • September 4th, 2019
This GUARANTY (this “Guaranty”) is made as of July 31, 2012, by FLUOR CORPORATION, a Delaware corporation (the “Guarantor”), to 95 EXPRESS LANES LLC, a Delaware limited liability company (the “Concessionaire”), with respect to the obligations of Fluor-Lane 95, LLC, a Delaware limited liability company (the “DB Contractor”), pursuant to that certain Turnkey Lump-Sum Design-Build Contract Relating to the I-95 HOV/HOT Lanes Project, dated as of July 31, 2012, by and between the Concessionaire and the DB Contractor (together, as amended, altered, varied or supplemented, the “Design-Build Contract”). The Design-Build Contract is hereby incorporated by reference herein, and capitalized terms used herein and not otherwise defined herein shall have the meanings set forth in the Design-Build Contract. The Guarantor is an Affiliate of the DB Contractor. The Guarantor acknowledges that financial and direct benefits will accrue to the Guarantor by virtue of entering into this Guaranty and that suc
