Design-build-finance-operate-maintain means a project delivery method in which the District enters into a single contract for design, construction, finance, maintenance, and operation of an infrastructure facility over a contractually defined period. Money appropriated by the District is not used to pay for a part of the services provided by the contractor during the contract period.
Design-build-finance-operate-maintain means a project delivery method in which a Public Body enters into a single contract for design, construction, finance, maintenance and operation of a Public-Private Facility over a contractually defined term. No public funds shall be appropriated to pay for any part of the services provided by the Concessionaire during the Agreement period except as provided in the Request for Proposals and Public-Private Agreement.
Design-build-finance-operate-maintain means a project delivery method by which the department enters into a single contract for design, construction, finance, maintenance, and operation of a transportation facility over a contractually defined time period.
More Definitions of Design-build-finance-operate-maintain
Design-build-finance-operate-maintain means a project delivery method in which the
Design-build-finance-operate-maintain means a project
Design-build-finance-operate-maintain means a project delivery method in which CMRTA enters into a single contract for design, construction, finance, maintenance, and operation of an infrastructure facility over a contractually defined period. Money appropriated by CMRTA is not used to pay for a part of the services provided by the contractor during the contract period
Design-build-finance-operate-maintain means a project delivery method in which the Purchasing Agency enters into a single contract for design, construction, finance, maintenance, and operation of an infrastructure facility over a contractually defined period. No [State] funds are appropriated to pay for any part of the services provided by the contractor during the contract period.COMMENTARY:(1) This definition is new to the Code. Design-build-finance-operate-maintain is a proven delivery method in common use throughout the world and in American antiquity. Design-build-finance-operate-maintain integrates long-term operation and maintenance, as well as project finance, into a single competition. Design-build- finance-operate-maintain depends on the prior establishment of functional requirements of a project.(2) Design-build-finance-operate-maintain has characteristics distinct from design-build-operate-maintain as defined in Section 5-101(5). In design-build-finance-operate-maintain, no agency funds are appropriated to pay for any part of the services provided by the contractor during the contract period. This distinction is important in the statutory scheme, since the government’s competitive sealed proposal process is structured on the premise that offerors will be required to finance the project, with no expectation of state appropriations. This project delivery method should be carefully and wisely used, since design-build-finance-operate-maintain makes practical sense only where government has made a preliminary determination that project revenues are sufficient, over the length of the proposed contract, to cover design, construction, finance, and operations.
Design-build-finance-operate-maintain means a project delivery method
Design-build-finance-operate-maintain means a project delivery method in which the Judiciary enters into a single
Design-build-finance-operate-maintain means a project delivery method in which the City enters into a single contract for design, construction, finance, maintenance, and operation of an infrastructure facility over a contractually defined period. No City funds are appropriated to pay for any part of the services provided by the contractor during the contract period.