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Tex. Transportation Code § 371.003

VALUATION DETERMINATION

Texas · Texas Transportation Code · Status: effective

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Tex. Transportation Code § 371.003, VALUATION DETERMINATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/570185
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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.