DBOM contract definition

DBOM contract means the document and all
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DBOM contract means the document and all concomitant rights approved by the authority providing the selected person or entity the exclusive right to design, build, operate, and maintain a high-speed rail system.
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DBOM contract means the document and all concomitant rights approved by the authority providing the selected person or entity the exclu- sive right to design, build, operate, and maintain the Southwest Florida Transportation System.
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Examples of DBOM contract in a sentence

  • In 2016, the Council signed a Design Build Maintain and Operate (DBOM) contract with Fusion for the two leisure centres in West Devon.

  • Members are reminded that this will be a 20 year DBOM contract which is currently being finalised.

  • While achieving this level of cost certainty early-on is beneficial in terms of financial planning, estimating operation and maintenance costs at the early stages of a DBOM contract can lead to increased contingencies, which result in higher prices because the bidder will have to cover all risks and uncertainties.

  • There are usually provisions in a DBOM contract that motivate the contractor to keep the operation and maintenance cost at the lowest possible amount, but with a corresponding loss of control by the Agency.

  • The selected Developer will operate and maintain the streetcar program associated with Phase 2, the design and construction of which will be procured separate from this DBOM contract.

  • The Council embarked upon a Design Build Operate Maintain (DBOM) contract but as this progressed it became apparent that there was little competition in this area of the market and the DBOM produced costs models that proved the facility to be unaffordable.

  • Use of the term in either way is correct.Figure 1 – Typical P3 Organizational Structure The P3 delivery assessment in this procedure provides an indication if a project is suited for such a private partnership by expanding a DB contract into a DBF or expanding a DBOM contract into a DBFOM.

  • NJ Transit discovered that its DBOM contract for the Hudson-Bergen LRT project did not adequately address the quality of service to the traveling public.

  • For example, materials may require alternate maintenance procedures or systems controls may incorporate technologies requiring specialized training that may be beyond the scope of the DBOM contract.

  • The SMP Board also announced a new independent financial policy analyst, Kevin Phelps.On August 10, 2005, the independent peer analysis from outside transportation experts reviewed and evaluated the DBOM contract between SMP and the Cascadia Monorail Company.

Related to DBOM contract

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Standard form contract means a financial contract that is substantially not negotiable for the Client, except for the terms contained in point 11.C.

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • O&M Contractor means the person, if any, with whom the Concessionaire has entered into an O&M Contract for discharging O&M obligations for and on behalf of the Concessionaire;

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Term contract means contracts established by the chief procurement officer for specific supplies, services, or information technology for a specified time and for which it is mandatory that all governmental bodies procure their requirements during its term. As provided in the solicitation, if a public procurement unit is offered the same supplies, services, or information technology at a price that is at least ten percent less than the term contract price, it may purchase from the vendor offering the lower price after first offering the vendor holding the term contract the option to meet the lower price. The solicitation used to establish the term contract must specify contract terms applicable to a purchase from the vendor offering the lower price. If the vendor holding the term contract meets the lower price, then the governmental body shall purchase from the contract vendor. All decisions to purchase from the vendor offering the lower price must be documented by the procurement officer in sufficient detail to satisfy the requirements of an external audit. A term contract may be a multi‑term contract as provided in Section 11‑35‑2030.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.