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- W606449085 abstract "The design/build method is helping Southern California develop new toll roads by leading the Foothill/Eastern and sister San Joaquin Hills Transportation Corridor Agencies to successful revenue financing. These two Transportation Corridor Agencies (TCAs) established a contractual framework for constructing the toll roads, which stipulated that the allocation of risk would be divided between the TCA and the contractor. This stipulation was of particular interest to investors, banks, and rating agencies. Provisions were also instituted regarding timely completion of the project. This article compares the Eastern and San Joaquin contracts, noting the similarities and the important differences. Revenue certificates, incentives/disincentives, differing site conditions, change orders, environmental mitigation requirements, and dispute resolution are some the provisions discussed." @default.
- W606449085 created "2016-06-24" @default.
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- W606449085 date "1995-08-01" @default.
- W606449085 modified "2023-09-26" @default.
- W606449085 title "FINANCIERS FOCUS ON RISK ALLOCATION IN EASTERN CORRIDOR DESIGN/BUILD CONTRACT" @default.
- W606449085 hasPublicationYear "1995" @default.
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