Examples of DBC Documents in a sentence
If TxDOT moves forward with the procurement, the final RFP will include a scope of work, draft DBC Documents and CMC Documents and the objective methodology for determining the overall best value Proposal.
Following receipt and evaluation of Proposals, based on a determination of apparent best value, the Commission may select a Proposer for negotiations, and authorize TxDOT to finalize the DBC Documents and CMC Documents for award and execution.
Therefore, the procurement documents, including the DBC Documents and CMC Documents, must conform to requirements of applicable federal law, regulations and policies.
The Commission has given TxDOT broad direction on the content and methodology for the solicitation of Proposals from shortlisted Proposers, the selection of a Proposer whose Proposal offers the apparent best value to TxDOT and the terms and conditions the DBC Documents and CMC Documents must contain to be deemed satisfactory.
Proposers are advised that the evaluation criteria and weightings for the scoring of the Proposals may differ from the criteria set forth herein to evaluate QSs. Award of the DBC and CMC by the Commission will be conditioned upon finalization and execution of the DBC Documents and CMC Documents, and the satisfaction of other conditions that will be set forth in the RFP and Minute Order adopted by the Commission.
In no event shall TxDOT be bound by, or liable for, any obligations with respect to the Project until such time (if at all) as the DBC Documents and CMC Documents, in form and substance satisfactory to TxDOT, have been authorized and executed by TxDOT and, then, only to the extent set forth therein.
The business form of Proposer and any entities that will have joint and several liability (i.e., joint venture members or partners) under the DBC or CMC, as applicable, or that will provide a guaranty (including any joint venture agreement, partnership agreement, operating agreement, articles of incorporation, bylaws, association agreements or equivalent documents) is consistent with the requirements of the Project and DBC Documents or CMC Documents, as applicable.
In addition to the DBC Documents, TxDOT intends, through this procurement, to enter into a CMC.
Each Proposer that timely executes and delivers to TxDOT a Payment for Work Product Agreement in the form attached hereto as Exhibit H-1 acknowledges that TxDOT will have the right to inform the successful Proposer regarding the contents of the other Proposals after award of the DBC, and that the DBC Documents may incorporate the above-described work product or concepts based thereon.
Proposer certifies that if it submits a Proposal, at the time of and as a condition to final award and execution of the DBC Documents and CMC Documents, (a) Proposer will have an Aggregate Available Bidding Capacity in an amount equal to or greater than Proposer’s price for the construction work of the Project or (b) Proposer shall submit for TxDOT approval an updated plan demonstrating how and when Proposer will achieve a positive Aggregate Available Bidding Capacity after final award of the DBC and CMC.