Common use of Managed Lanes Clause in Contracts

Managed Lanes. TxDOT’s current construction cost estimate for the Phase 1 project configuration is approximately $645 million (2013$). This amount excludes costs for remaining right-of-way (“ROW”) and costs already incurred by TxDOT for current construction on the Project. Estimated construction costs reflect the currently developed, approved schematic and environmentally studied Project segments. The estimates include toll collection system integration costs. • Construct one managed lane in each direction at grade as shown in the Reference Information Documents. • Reconstruct general purpose lanes and frontage roads, as shown in the Reference Information Documents.

Managed Lanes. TxDOT’s current construction cost estimate for the Phase 1 project configuration is approximately $645 819 million (20132012$). This amount excludes costs for remaining right-of-way (“ROW”) and costs already incurred by TxDOT for current construction on the Project. Estimated construction costs reflect the currently developed, approved schematic and environmentally studied Project segments. The estimates include toll collection system integration costs. • Construct one managed lane in each direction at grade direction. Significant portions of the managed lanes are to be elevated as shown in the Reference Information Documents. • Reconstruct general purpose lanes and frontage roads, as shown in the Reference Information Documents.