TxDOT Change definition

TxDOT Change means a change described in Section 13.1 or any other event that the CDA Documents expressly state shall be treated as a TxDOT Change, but in each case only if the change increases Developer’s costs or adversely impacts Toll Revenues by more than $10,000.
TxDOT Change means any material change in the scope of the work or terms and conditions of the CDA Documents which TxDOT has directed Developer to perform as described in the CDA.
TxDOT Change means any material change in the scope of the work or terms and conditions of the CDA Documents which TxDOT has directed Developer to perform as described in the CDA. For projects where revenues are projected to be insufficient to meet the costs of building, financing, maintaining and operating the proposed facility, TxDOT will consider the following alternative and/or supplemental payment and compensation structures and terms, individually or in combination, in order to make such projects financially feasible from the perspective of private sector developers. In addition, depending upon the alternative payment structure selected and the circumstances of the individual project, there may also be modifications in the risk allocation terms.

Examples of TxDOT Change in a sentence

  • If approval is subject to the sole, absolute or unfettered discretion of TxDOT, then its decision shall be final, binding and not subject to dispute resolution, and such decision shall not constitute a TxDOT-Caused Delay, TxDOT Change, Relief Event, Compensation Event or other basis for any Claim.

  • TxDOT may require Developer to fabricate and/or install any of these signs as a TxDOT Change.

  • Any changes to the Technical Provisions and Technical Documents, including Safety Standards, respecting Design Work or Construction Work prior to the Service Commencement Date shall be subject to the Change Order process for a TxDOT Change in accordance with Article 14.

  • Any changes to the Technical Provisions, including Safety Standards, respecting Design Work or Construction Work shall be subject to the Change Order process for a TxDOT Change in accordance with Article 13.

  • Within 60 days after receiving such request, Developer shall provide TxDOT with Developer’s determination (which is not binding) of whether the proposed change constitutes a TxDOT Change and a detailed assessment of (a) the estimated impact on costs and Toll Revenues, (b) the effect, if any, on the Project Schedule and Milestone Deadlines and (c) the effect, if any on traffic flow and traffic volume during the Operating Period.

  • No such failure or delay by TxDOT in delivering comments, exceptions, objections, rejections or disapprovals within the applicable time period shall constitute a TxDOT-Caused Delay, TxDOT Change, Relief Event, Compensation Event or other basis for any Claim.

  • TxDOT may, but is not obligated to, obtain (a) an analysis of Developer’s estimated cost and schedule impacts attributable to a proposed TxDOT Change from the Independent Engineer (to be paid jointly by the Parties as provided in Section 22.3.1(e)) and (b) an analysis of traffic and revenue impacts attributable to a proposed TxDOT Change from a traffic and revenue consultant retained by Developer and approved by TxDOT (to be paid by TxDOT).

  • However, unless the Submittal is subject to approval or disapproval by TxDOT in its discretion, the foregoing does not obligate Developer to incorporate any comments or resolve objections that are not reasonable and would result in a delay to a Critical Path on the Project Schedule, in an increase in Developer’s costs or a decrease in Toll Revenues, except pursuant to a TxDOT Change.

  • Prior to issuing a Change Order, TxDOT may, but is not obligated to, request an assessment from Developer of the impact of a proposed TxDOT Change on the cost, Toll Revenue and schedule.

  • TxDOT may issue a Directive Letter to direct Developer to proceed with the TxDOT Change pending agreement of the Parties or resolution of a Dispute concerning the final terms of the Change Order.

Related to TxDOT Change

  • Program change means any elimination, curtailment, or reorganization of a curriculum offering, program, or school operation or a reorganization or consolidation of two or more individual schools or school districts that is unrelated to financial exigency.

  • Significant change means a major decline or improvement in the tenant’s status which does not normally resolve itself without further interventions by staff or by implementing standard disease-related clinical interventions that have an impact on the tenant’s mental, physical, or functional health status.

  • Service Change has the meaning set forth in Section 2(B) of the Agreement.

  • Major Change means a change in the Employer’s program, production, organisation, physical workplace, workplace arrangements, structure or technology that is likely to have a Significant Effect on Employees.

  • Divestiture means any transaction or event that the Board specifies as a Divestiture under Section 10.5.