CN-550000-ASK84.pdf

This document is a Master Railroad Maintenance Reimbursement Agreement between the State of Florida, Department of Transportation, and Georgia & Florida Railway, LLC, a Delaware Limited Liability Company. The agreement covers shared maintenance of traffic control devices at railroad grade crossings, specifically focusing on installation, maintenance, and reimbursement for flashing signals and gates across various track configurations.

The contract is effective from July 1, 2021, through June 30, 2026, with a total budgetary ceiling of $45,860.00. The Department will reimburse the Company for maintenance of crossing devices based on a predetermined percentage and annual cost schedule that varies by crossing class (ranging from Class I at $2,608.00 to Class VI at $9,759.00). Future funds are encumbered at $9,172.00 annually for fiscal years 2023-2027, with the Company responsible for providing quantifiable, measurable units of deliverables and maintaining devices in accordance with United States Department of Transportation Federal Railroad Administration regulations. The agreement includes provisions for adding or removing crossings, invoicing procedures, and potential pro-rata reimbursements.