Common use of Executive Oversight Committee Clause in Contracts

Executive Oversight Committee. There shall be constituted an Executive Oversight Committee (“EOC”), consisting of the CDOT Chief Engineer, CDOT Chief Financial Officer, HPTE Director, BE Director (or BE Director’s designee), and representatives of FHWA and the City of Denver. The C-70 Project Director shall report on Project progress and other matters requiring policy input to the EOC on a quarterly basis. The EOC may suggest matters be referred to the Enterprises for further consultation or consent prior to binding action being taken by the C-70 Project Director and/or Enterprise Authorized Representative. The EOC shall also advise the C-70 Project Director on matters to be referred to the Transportation Commission/BE Board of Directors and the HPTE Board of Directors.