Texas Transportation Code

§ 223.208 — TERMS OF PRIVATE PARTICIPATION

TN § 223.208Title 6. ROADWAYS · Part B. STATE HIGHWAY SYSTEM · Ch. 223. BIDS AND CONTRACTS FOR HIGHWAY PROJECTS · Art. E. COMPREHENSIVE DEVELOPMENT AGREEMENTS

Statute text

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(a)The department shall negotiate the terms of private participation under this subchapter, including:

(1)methods to determine the applicable cost, profit, and project distribution among the private participants and the department;

(2)reasonable methods to determine and classify toll rates and responsibility for the setting of tolls;

(3)acceptable safety and policing standards; and

(4)other applicable professional, consulting, construction, operation, and maintenance standards, expenses, and costs.

(b)A comprehensive development agreement entered into under this subchapter may include any provision that the department considers appropriate, including provisions:

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 264 (S.B. 792), Sec. 1.02, eff. June 11, 2007. Acts 2011, 82nd Leg., R.S., Ch. 259 (H.B. 1201), Sec. 9, eff. June 17, 2011.