Program Management Agreement Sample Clauses

Program Management Agreement. 3.1 Concurrently herewith the State, SJTA and Developer have executed and delivered the First Amendment to the Program Management Agreement pursuant to which, among other matters, the State and SJTA became parties to the Program Management Agreement and agreed that Road Project Funding Sources shall be applied to pay for the entire compensation of the Program Manager, which shall not include any compensation for construction inspection services, which construction inspection services shall, prior to the issuance of NTP2, be procured by SJTA, in consultation with Developer and State, in accordance with Law, from a qualified Person other than Program Manager, pursuant to an agreement to be executed by Developer, SJTA, the State and such Person which agreement shall be in form and content approved by SJTA, the State and Developer, such approval not to be unreasonably withheld, conditioned or delayed. The services of the Program Manager and such Person performing construction inspection services shall be paid for with Road Project Funding 7 Sources; provided, however, the foregoing shall not result in the Road Project Budget exceeding, in the aggregate, $330,000,000.
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