Examples of Pre-Development Agreement in a sentence
Key member of the legal team engaged to implement Metro’s first application of the Pre-Development Agreement (PDA) delivery method for the approximately $6 billion to $10 billion Sepulveda Pass Transit Project to connect the San Fernando Valley with Los Angeles’ Westside, integrating into the East-West SFV LRT, the Orange Line, the Purple Line and the Expo Line.
The Preferred Proposer must commit to enter into the Pre-Development based substantially on the form attached as Exhibit C (Pre-Development Agreement) to this ITP.
Following negotiations, the State will proceed to finalize the Pre-Development Agreement with the Preferred Proposer.
The Proposer is advised that the Developer will be required to comply, and will be required to cause its contractors, Subcontractors, permittees and others on the Project Site to comply, with any requirements set forth in the Pre-Development Agreement, the Project Labor Agreement (if applicable) and the Project Agreement regarding labor relations, wages and benefits.
Developer: The successful Proposer with which the LA DOTD executes either a Comprehensive Agreement or a Pre-Development Agreement (“PDA”).