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Texas Transportation Code - TRANSP § 371.003. Valuation Determination

Current as of January 01, 2024 | Updated by FindLaw Staff

Any determination of value, including best value, under applicable federal or state law for a comprehensive development agreement or other public-private partnership arrangement involving a toll project must take into consideration any factors the toll project entity determines appropriate, including factors related to:

(1) oversight of the toll project;

(2) maintenance and operations costs of the toll project;

(3) the structure and rates of tolls;

(4) economic development impacts of the toll project; and

(5) social and environmental benefits and impacts of the toll project.

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Cite this article: FindLaw.com - Texas Transportation Code - TRANSP § 371.003. Valuation Determination - last updated January 01, 2024 | https://codes.findlaw.com/tx/transportation-code/transp-sect-371-003/

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