Examples of Revenue Vehicle in a sentence
Pre-Issuance Grant Anticipation Revenue Vehicle (GARVEE) Bond Repayment The State of Washington Department of Transportation will request funds for the repayment of GARVEE Bonds issued and paid by the Bond Retirement Interest Agency.
Pre-Issuance Grant Anticipation Revenue Vehicle (GARVEE) Bond Repayment The State of Arizona Department of Transportation will request funds for the repayment of GARVEE bonds issued.
Operators shall conduct a pre- and post-trip inspection of their assigned Revenue Vehicle using Zonar, Avail, or Approved Equal provided by the Contractor.
In 2005, the N.C. General Assembly enacted General Statute 136-18(12b) providing for the issuance of Grant Anticipation Revenue Vehicle Bonds (GARVEEs), which are payable from revenues consisting primarily of federal transportation funds, with the proceeds to finance federal-aid highway projects.
Revenue Vehicle Hours exclude boarding time at the initial stop of all runs, deboarding time at the terminal stop of all runs, hours consumed while traveling to and from storage facilities, and all other deadhead travel.
Each report consists of Vehicle Miles Traveled (VMT), Passenger Miles Traveled (PMT), Unlinked Passenger Trips (UPT) and Revenue Vehicle Hours (RVH).
Due to a lack of state funding, the parties developed a financing solution under which the statewould issue financing mechanisms known as Grant Anticipation Revenue Vehicle Bonds which permitted the state to pledge future federal-aid highway funds to the repayment of the bonds.
The term “Vehicle Trip” means the operation of a Revenue Vehicle in scheduled service from the first geographic timepoint to the last geographic timepoint on a route or pattern servicing all applicable bus stops along the route or pattern and adhering to the published departure times.
This letter is issued by the Department of Revenue, Vehicle Services Section only.
Provided that the requirements of Sections 9.2 (Preventive Maintenance) and 9.3 (Routine Maintenance) have been met with respect to the Revenue Vehicle at issue; and the remedies of Sections 9.1.5 (Warranty Management) and 20 (Insurance) have been exhausted, the cost of any Major Component failure shall be reimbursed to the Contractor by the City.