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TITLE 43TRANSPORTATION
PART 1TEXAS DEPARTMENT OF TRANSPORTATION
CHAPTER 16PLANNING AND DEVELOPMENT OF TRANSPORTATION PROJECTS
SUBCHAPTER DTRANSPORTATION FUNDING
RULE §16.158Encumbrance 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.

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

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