CN-550000-AS624.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 located at specific crossings throughout the state.

The agreement covers the installation and maintenance of railroad traffic control devices, with the Department reimbursing the Company for a portion of maintenance costs based on the crossing's classification. The annual costs range from $2,386 to $8,930 depending on the complexity of the device (number of quadrants, tracks, and gates). The contract is effective 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 will be compensated on a pro-rata basis if crossings are added or removed during the fiscal year. Invoicing will occur annually, with detailed documentation required, and the agreement includes provisions for performance evaluation and potential non-performance penalties.