43 Tex. Admin. Code § 16.158

Current through Reg. 49, No. 49; December 6, 2024

Section 16.158 - Encumbrance of Allocated Funds

The allocation of funds to a district or metropolitan planning organization will be encumbered in an amount equal to the district engineer's estimate of the project cost and periodically adjusted to reflect:

(1) the bid award;

(2) any change orders issued during construction that modify the bid award; and

(3) the total amount paid for a project when it is completed and closed out.

43 Tex. Admin. Code § 16.158

The provisions of this §16.158 adopted to be effective January 1, 2011, 35 TexReg 8388