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County: Hays CSJ: 0914-33-900 Highway: Center Point Road Payment Provisions The Project consists of the reconstruction of Center Point Road ITom ill 35 to 0.25 Mile East, in San Marcos, Texas. The Project will be combined with Project 0016-03-073, interchange reconstruction of ill 35 and Center Point Road, in San Marcos, Texas. The apparent low bidder will complete both projects in their entirety. The Outside Entity's cost for the Project, will be based on an actual cost estimated to be $446,200.00, which includes construction engineering and design review and coordination costs. The Outside Entity will remit to the Texas Department of Transportation, upon execution of the advance funding agreement, a check made payable to the Texas Department of Transportation in the total amount of $3,000.00, to be applied towards the required design review and coordination of the Project. In the event it is determined that the funding provided by the Outside Entity is insufficient to cover the State's design coordination costs for the Project, the State will notify the Outside Entity. The Outside Entity will have thirty (30) days to review the additional costs request and, at its sole option, perform an audit, at its own expense, on the costs incurred by the State and/or the designated contractor constructing the Project. Within said thirty (30) days review period, the Outside Entity will either agree to cover said costs or notify the State of its objections thereto and/or its determination through its audit of cost discrepancies. If the Project costs are less than the estimated amount, a refund will be made by the State to the Outside Entity. A final audit will complete the project and a determination of the remaining costs made at that time. Cost Breakdown Bid Items & Contingencies $443,200.00 Estimated TxDOT Review Costs $ 3.000.00 Total = $446,200.00 Amount due with execution of Agreement $ (3.000.00) Amount due sixty (60) days prior to Bid Opening $443,200.00 9