Common use of Preparation of Tolling Method Gain Forecasts Clause in Contracts

Preparation of Tolling Method Gain Forecasts. The independent firm shall prepare two forecasts of annual Net Project Cash Flows for the period from the date of implementation of the Tolling Method Change through the end of the Term. The two forecasts shall use the same formulas, data, economic indicators, inputs, and assumptions, except that the first forecast shall assume that the Tolling Method Change is not implemented (the “first forecast”) and that the second forecast shall assume that the Tolling Method Change is implemented (the “second forecast”). The forecasts shall be based upon forecasts of traffic and Toll Revenues made at that time, as opposed to assumptions included in Developer’s Proposal. The second forecast shall be supported by a traffic and revenue study and analysis showing the projected effects of the Tolling Method Change relative to the first forecast.

Appears in 4 contracts

Sources: Comprehensive Development Agreement, Comprehensive Development Agreement, Comprehensive Development Agreement