Statute · California Streets and Highways Code

Cal. Sts. & High. Code § 2458 — Grade Separation Projects

Cal. Sts. & High. Code § 2458

Type
Statute
Source
California Streets and Highways Code
Jurisdiction
California
Date
2009-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

If a construction contract has not been awarded within two years after an allocation for construction costs, the commission may order the allocation canceled and those funds shall revert to the fund set aside for purposes of this chapter. All or any part of an allocation for preconstruction…

Citator

Cal. Sts. & High. Code § 2458 — Grade Separation Projects is in force in the current edition of the Code, and nothing recorded condemns it.

If a construction contract has not been awarded within two years after an allocation for construction costs, the commission may order the allocation canceled and those funds shall revert to the fund set aside for purposes of this chapter. All or any part of an allocation for preconstruction costs may be canceled and those funds shall revert to the fund set aside for purposes of this chapter upon a finding that insufficient progress is being made to complete the project. Where an allocation is canceled pursuant to this section, the local agency shall reimburse the fund set aside for purposes of this chapter the portion of the allocation that is not reverted as set forth in this section. The department shall determine, with the local agency, as to the time of repayment.