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2008-442 (3)
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2008-442 (3)
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Last modified
10/9/2016 12:43:20 AM
Creation date
4/21/2016 1:19:12 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/04/1979
Control Number
2008-442
Agenda Item Number
Received 5/20/2008
Entity Name
Florida East Coast Railway
Subject
Railroad Reimbursement Agreement Grade Crossing and Traffic Control
Area
Hobart Road
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FORM 722,37 <br /> 7^7T <br /> PAG. . 4 OF <br /> 12. The COMPANY has determined that the method to be used in developing the relocation <br /> or adjustment cost shall be as specified for the method checked and described hereafter; <br /> (a) Actual and related indirect costs accumulated in accordance with a work order <br /> accounting procedure prescribed by the applicable Federal or State regulatory body, <br /> (b) Actual and related indirect costs accumulated inaccordance with all established <br /> accounting procedure developed by the COMPANY and approved by the <br /> (e) An agreed lump sura ,as supported by a detail analysis of <br /> estimated cost attached hereto, (Note: This method is not applicable where the <br /> estimated cost of the proposed adjustment exceeds 10,000.) <br /> 11 The installation arad/or adjustment of the C 1IPA V Y'S facility as planned X will not) <br /> involve additional work over and above the minimum reimbursable requirements of the DEPART- <br /> MENT. <br /> EPAR!SIE T. (If upgrading and/or nonreimbursa le work is involved at the option of the COMPANY, [hell <br /> credit against the cost of the Project is required and will be governed by the method checked and <br /> described hereafter): <br /> —(a) -- %, will be applied to the final billing of work actually accomplished to <br /> determine required credit for (betterment) anal/car (expired service life) and/or <br /> (rr anrefinbursable segments). <br /> —(b) All work;involving nonrcimbursable segments will be performed by special COMPANY <br /> work or job order number ;apart and separate from the reimbursable portion of the <br /> work:such work or job order number to be The COMPANY further <br /> agrees to clearly indentify, such additional work areas in the CONIPANY*S plans and <br /> estimates for the total work covered by this Agreement. <br /> ( credited for (betterment) and/or (expired service; life) <br /> and/or a(nonreimbursable segments) in accord with: Article 12,(c°) herein above. <br /> 1 . It is specifically agreed by and between the DEPARTMENT arzd the COMPANY that the <br /> DEPARTMENT shall receive fair and adequate credit for any salvage which shall accrete to the <br /> COMPANY as a result of the above adjustment work, <br /> 15. It is further agreed that the cost of all improvements made during this adjustment work <br /> shall be bowie by :the COMPANY, subject only to the DEPARTMENT bearing such portion of this <br /> cost as represents the cost of adjustment of previously existing facility,less salvage credit as set forth <br /> in the immediately preceding paragraph, <br /> 16. Upon completion of the work the COMPANY shall,, within one hundred eighty <br /> (ldtl) days, furnish the DEPARTMENT with two ( ) copies of its finial and complete billing of all <br /> costs incurred in connection with the work performed hereunder, such statement to follow as closely <br /> as possible the carder of the items contained in the estimate attached hereto. The totals for labor, <br /> overhead, travel expense, transportation, equipment, material and supplies, handling costs and outer <br />
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