Lane Closure Adjustment definition
Lane Closure Adjustment or “LCA” means the deduction which may be made by The City from DB Co (which amount will be deducted from the West Substantial Completion Payment) as calculated pursuant to Section 5.
Lane Closure Adjustment or LCA means the deduction which may be claimed by the City from Project Co (which amount will be deducted from the Revenue Service Availability Payment) as calculated pursuant to Part B Section 5 of this Schedule 37.
Lane Closure Adjustment means the sum, in Canadian dollars, calculated in accordance with Section 3.1 [Lane Closure Adjustment] of Schedule 16 [Payment Mechanism] that represents the cost of periodic lane reductions and road closures along construction corridors.
More Definitions of Lane Closure Adjustment
Lane Closure Adjustment has the meaning given in Schedule 34 – Mobility Matters.