DB Agreement definition
Examples of DB Agreement in a sentence
This Contract will be deemed for all purposes prepared by the joint efforts of the parties hereto and will not be construed against one party or the other as a result of the preparation, drafting, submittal, or other event of negotiation, drafting, or execution of the DB Agreement.
During the first year of the Initial Maintenance Term, in which the construction warranties under the Design-Build Agreement are in effect, for any failures of any of the work that is the subject of the warranties, DB Contractor shall be required to correct such work pursuant to the DB Agreement and shall bear the costs associated with correcting such warranted work under the DB Agreement.
Whenever DB Contractor performs design work and construction work as part of the Maintenance Services such work shall be governed by the requirements for Design Work and Construction Work as defined in the DB Agreement and shall follow the procedures for design work and construction work set forth in the PMP.
In such circumstances, the provisions of Section 6.8.8 of the DB Agreement shall apply.
This Part 1 – Design-Build (DB) Agreement, Appendix A - Project Scope, to the Contract provides a summary description of the physical components of the US 90 (Future I-49) LA 318 Interchange DB Project (Project) that the Design-Builder shall design, construct, and/or install and the associated management, control, monitoring, compliance, and professional services and other elements of the Work.
The initial maintenance term shall commence on the date of Substantial Completion of the Project in accordance with the DB Agreement with the issuance by TxDOT of Maintenance NTP1 (the “Initial Maintenance Term Commencement Date”), and shall continue for a period of five years, unless terminated earlier in accordance with the terms of this Comprehensive Maintenance Agreement (the “Initial Maintenance Term”).
The Template Education D&B Agreement envisages that the Final Commissioning Programme(s) will set out all requirements and obligations in relation to the development, nature, principles and performance of the completion tests to be performed to enable certification of completion to take place.
The initial maintenance term shall commence on the date of Substantial Completion of the Project in accordance with the DB Agreement provided TxDOT has issued Maintenance NTP1 (the “Initial Maintenance Term Commencement Date”), and shall continue for a period of five years, unless terminated earlier in accordance with the terms of this Capital Maintenance Agreement (the “Initial Maintenance Term”).
Any increase in the contract completion date past the date specified in the RFP will negate the incentive payment portion of the design build fee as detailed in the RFP and Section 19.4 of this DB Agreement.
With respect to the Parties’ rights and obligations described in Section 6.8.4 of the DB Agreement, for purposes of this Section 3.1.3.2 the conditions to assistance described in clauses (x), (y) and (z) of the preceding sentence shall be treated in the same manner as those described in Sections 6.8.4(a) through (c) of the DB Agreement.