Illinois Compiled Statutes 630 ILCS 10/45 – Design-build contract
Current as of: 2024 | Check for updates
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A design-build contract may include any provisions the Transportation Agency determines are necessary or appropriate, including, but not limited to, provisions regarding the following:
(1) compensation or payments to the design-builder;
(1) compensation or payments to the design-builder;
(2) grounds for termination of the design-build
contract, including the Transportation Agency’s right to terminate for convenience;
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(3) liability for damages and nonperformance;
(4) events of default and the rights and remedies
Terms Used In Illinois Compiled Statutes 630 ILCS 10/45
- Contract: A legal written agreement that becomes binding when signed.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
(4) events of default and the rights and remedies
available to the design-builder and the Transportation Agency in the event of a default or delay;
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(5) the identification of any technical
specifications that the design-builder must comply with when developing plans or performing construction work;
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(6) the procedures for review and approval of the
design-builder’s plans;
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(7) required performance and payment security;
(8) the terms and conditions of indemnification
and minimum insurance requirements; and
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(9) any other terms and conditions the
Transportation Agency deems necessary.
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