Operations and Maintenance Work definition
Examples of Operations and Maintenance Work in a sentence
TSP shall obtain and maintain and shall require all Subcontractors of all tiers with access to sensitive information to obtain and maintain Crime (Blanket Fidelity) with limits of not less than $5,000,000 covering employee dishonesty, forgery and alteration, and “all risks” of loss or destruction of moneys and securities held by TSP or its Subcontractors in the performance of the Operations and Maintenance Work hereunder.
TSP from time to time may recommend modifications to the Operations and Maintenance Work or level of service.
The Operations and Maintenance Work includes all day-to-day services required for the operation of the TCS and toll processing, collection, violations processing and back-office violations enforcement in accordance with the TR, and all relevant Plans approved by the Joint Board pursuant to TR Section TP, at standards generally accepted in the toll processing and service center industry and meeting or exceeding the Performance Requirements.
TSP shall timely make all submittals required by the Contract Documents in accordance with performance of the Operations and Maintenance Work, and all such submittals shall be accurate and complete.
TSP shall, at all times, deposit all Gross Revenues that it collects in performing the Operations and Maintenance Work into the distinct accounts established and maintained by the Custodian, in accordance with the time frames provided in the Custody and Revenue Control Agreement.
The scope of the Operations and Maintenance Work shall remain in effect for the balance of the TCS Operations and Maintenance Term, subject to such revision, amendment and updating as may be required by the Joint Board (except if incapable of being supported by the final system configuration as indicated in the Final System Documentation) or as may be proposed by TSP and approved in writing by the Joint Board.
The Operations and Maintenance Work also includes provision of all insurance, bonds, warranties, guaranties and other forms of protections required under this Contract.
If such further changes to the Operations and Maintenance Work cause or will cause an increase or decrease in the cost of performing the Operations and Maintenance Work, any adjustment to the TCS Total Toll Collection System Operations and Maintenance Price and/or the Performance Requirements shall be subject to the provisions of Section 13.
Except for items specified as Pass-Through Cost Items in Exhibit H, all materials, services and efforts necessary to perform the Operations and Maintenance Work are included in the Total Toll Collection System Operations and Maintenance Price (Years 1 through 7) set forth in the Price Sheets in Exhibit C.
If Work is cancelled or terminated in whole or in part for any reason, the Judicial Council may assign such Work, at its sole discretion, to either another contractor performing Operations and Maintenance Work in another region or to any Third-Party contractors.