Illinois Administrative Code
Title 92 - TRANSPORTATION
Part 800 - RAIL FREIGHT PROGRAM
Subpart C - PROJECT REQUIREMENTS
Section 800.460 - Amendments to a Contract
Universal Citation: 92 IL Admin Code ยง 800.460
Current through Register Vol. 48, No. 38, September 20, 2024
a) Amendments to loan or grant contracts are considered in three instances:
1) when the Department and the recipient
determine, through a field inspection by their engineer(s), that the
construction or rehabilitation to be performed under an agreement exceeds that
which is necessary to achieve the benefits of the project;
2) when the Department and the recipient find
that construction or rehabilitation fails to meet that which is required to
achieve the project benefits; or
3)
when the Department and the recipient find that alterations and technical
adjustments to the terms and conditions of an agreement would mutually benefit
the signatories to the agreement and would not jeopardize the benefits
underlying the project.
b) The amendment will detail the precise terms and conditions and/or engineering alterations which will be necessary.
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