Development PriceBase Development Price Clause Samples

Development PriceBase Development Price and Cash Flow Adjustment Table/Maximum Payment Curve Proposer shall submit a Base Development Price using Form M-1 and M-1.1 setting forth the total price for the work required under the Development Agreement. The Proposal shall include Form M-1.2 which shall set forth any ATC adjustment costs identified by TxDOT in its ATC approval letters for ATCs that are incorporated into the Proposal. The Price Proposal shall include Form M-2, setting forth the cash flow corresponding to the anticipated draw requests for the Work required under the Development Agreement and Forms M-2 (a), M-2 (b) and M-2 (c) setting forth the cash flows/maximum payment curve for Segments F-1, F-2 and G, respectively. The Price Proposal shall include a completed Form M-3, which sets forth the proposed adjustments to the Development PriceBase Development Price cashflow for Segment G if Option A, Option B and Option C are all exercised in accordance with Section 13.2.4 of the Development Agreement. The Price Proposal shall also include Forms M-3 (a), M-3 (b) and M-3 (c) setting forth the incremental adjustment to the Development PriceBase Development Price cash flow for Segment G corresponding to the anticipated draw requests for the work required under each of Option A, Option B and Option C, respectively. For purposes of completing Forms ▇-▇, ▇-▇ (▇), ▇-▇ (b) and M- 3 (c), Proposers should assume TxDOT will exercise the options set forth in Section anticipated cash flow. The maximum payment to Developer prior to NTP2 shall not exceed $25,000,000.00.