Salvage Value. The FDOT shall receive fair salvage value credit for any salvage which will become available to the UAO as a result of the Utility Work. The submittal shall show the calculation of the UAO Participating Amount in detail for each of the credits required above. The FDOT shall review the calculations and advise the UAO of any objections. In the event that the parties cannot come to an agreement as to the UAO Participating Amount, the FDOT’s determination of the amount shall prevail.
Appears in 3 contracts
Sources: Utility Relocation Agreement, Utility Agreement, Utility Work Agreement