Tex. Transp. Code Section 371.003
Valuation Determination

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.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1196 (S.B. 19), Sec. 9, eff. June 17, 2011.

Source: Section 371.003 — Valuation Determination, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­371.­htm#371.­003 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 371.003’s source at texas​.gov