Common use of Escrow Agreements Clause in Contracts

Escrow Agreements. If it is determined that the utility will be adjusted as part of the highway contract; the State’s project manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.

Appears in 6 contracts

Samples: sb20pca.txdot.gov, sb20pca.txdot.gov, sb20pca.txdot.gov

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Escrow Agreements. If it is determined that the utility will be adjusted as part of the highway contract; the State’s project manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.

Appears in 1 contract

Samples: sb20pca.txdot.gov

Escrow Agreements. If it is determined that the utility will shall be adjusted as part of the highway contract; the State’s project manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.

Appears in 1 contract

Samples: sb20pca.txdot.gov

Escrow Agreements. If it is determined that the utility will be adjusted as part of the highway construction contract; the State’s project manager Project Manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced Advance Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.

Appears in 1 contract

Samples: sb20pca.txdot.gov

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Escrow Agreements. If it is determined that the utility will be adjusted as part of the highway contract; the State’s project manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced DocuSign Envelope ID: 8EFE0772-4B8D-4ECA-AFC4-F4778051DC61 Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.

Appears in 1 contract

Samples: sb20pca.txdot.gov

Escrow Agreements. If it is determined that the utility will be adjusted as part of the highway contract; the State’s project manager must be notified immediately. The Utility Coordinator shall determine what funding amount is required based upon the applicable betterment or eligibility ratio. The State shall be notified immediately of the need for an Advanced Funding Agreement (AFA) by the Utility Coordinator. The Engineer shall coordinate the development of the required AFA with the utility owner and the State in accordance with established procedures of the State’s Contracts Services Section. Procure or verify all AFA payments have been submitted to the State.)

Appears in 1 contract

Samples: sb20pca.txdot.gov

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