Txdot Comprehensive Development Agreement
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The CDA concession (phase 1) includes the design, development, design, financing, maintenance and operation of 13 miles along Interstate (IH) 820 and State Highway (SH) 121/SH 183 from IH 35W to SH 121. The TIFIA credit contract was signed on July 25, 2002. Of the approximately $2.2 billion in capital market debt, $900 million was spent in the form of low-interest NAOs maturing in 2007 and 2008. In June 2007, TxDOT took advantage of the first draw of $124,930,000 to retire baNs in 2007 and withdrew BAN 775,070,000 in 2008 with a second TIFIA loan draw in June 2008. Benjamin Asher Director, Project Finance, Debt and Strategic Contracts Tel: (512) 463-8611 Benjamin.Asher@txdot.gov segments 3A and 3B – Ready for Developmental Submittal On June 23, 2009, TxDOT awarded two Development Agreements (CDAs) for the North Tarrant Express project to NTE PartnerITY. Executed CDAs can be displayed and/or downloaded via the links below. A public hearing was held on 14 April 2009 on the disclosure of financial information relating to the project. Public comments and responses as well as summary and analysis reports are now available for review. In addition, TxDOT provided two other forms of project acquisition. These tendering procedures are awarded using a best value approach (price, qualification of the business and project approach) and combine different elements of project implementation into a contract. Design construction contracts (DBs) and Global Development Agreements (CDAs) accelerate the implementation of the project through the simultaneous design and construction of a project. DB contracts allow planning, construction, relocation and maintenance to be done simultaneously under a single contract, but no private sector financial participation, long-term lease or operation of the facility. .
SH 130 (segments 1-4) was obtained through the first application of the Texas Comprehensive Development Agreement, contractual agreements equivalent to public-private partnerships. In this case, a design contract was used to speed up completion.