CN-550000-AS624-A0010000.pdf

This document is a Master Railroad Maintenance Reimbursement Agreement between the State of Florida, Department of Transportation (Department) and Duke Energy Florida, LLC (Company), executed on June 30, 2016. The agreement establishes a framework for reimbursement and maintenance of active railroad grade crossing warning devices at specific railroad crossings throughout Florida.

The agreement covers the installation and maintenance of traffic control devices, with the Department reimbursing the Company for a portion of maintenance costs based on a defined percentage for each crossing class. The annual costs range from $2,386 to $8,930 depending on the complexity of the crossing (e.g., number of tracks, quadrants, and gates). The initial term runs from July 1, 2016, through June 30, 2021, with a potential extension of up to three months. The Company is responsible for maintaining the devices in accordance with federal regulations and must provide quantifiable, measurable deliverables. Invoicing will occur annually, with reimbursement contingent on proper maintenance and documentation of the crossing devices.