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I � <br /> Attachment 1 <br /> ACCOUNTS RECEIVABLE <br /> NCDOT ADMINISTERED — FAST TRANSIT PRIORITY STUDY <br /> 1000019673 <br /> i <br /> AGREEMENT OVERVIEW <br /> NORTH CAROLINA <br /> ORANGE COUNTY DATE : 2/28/2024 <br /> PARTIES TO THE AGREEMENT : PROJECT NUMBERS : <br /> i <br /> NORTH CAROLINA DEPARTMENT WBS ELEMENTS : 36230 . 34 . 2 . 1 <br /> OF TRANSPORTATION j <br /> I; <br /> AND <br /> ORANGE COUNTY <br /> i <br /> The purpose of this Agreement is to identify the participation in project costs , project delivery <br /> and/or maintenance , by the other party to this Agreement , as further defined in this Agreement . <br /> SCOPE OF PROJECT ( " Project" ) : The primary objectives of this study include creating a vision <br /> and brand for multimodal transportation in the Triangle Region and developing an actionable plan , <br /> including specific funding/project recommendations for the accelerated implementation of <br /> Freeway , Arterial , Street , and Tactical ( FAST) transit priority infrastructure along existing <br /> roadways and/or in ongoing , upcoming , or potential roadway projects . <br /> ESTIMATED COST OF THE PROJECT : $ 855 , 000 <br /> COSTS TO OTHER PARTY : $ 105 , 000 ` <br /> PAYMENT TERMS : Orange County will submit payment upon execution of agreement . <br /> MAINTENANCE : No maintenance responsibilities at this time 4 <br /> F <br /> EFFECTIVE DATES OF AGREEMENT : <br /> START : Upon Full Execution of this Agreement <br /> END : When work is complete and all terms are met . <br /> r <br /> This Agreement is made and entered into on the last date executed below , by and between the <br /> North Carolina Department of Transportation , an agency of the State of North Carolina , <br /> hereinafter referred to as the Department and the Orange County , hereinafter referred to as the <br /> County ; and collectively referred to as the Parties . <br /> The Parties to this Agreement , listed above , intend that this Agreement , together with all <br /> attachments , schedules , exhibits , and other documents that both are referenced in this <br /> Agreement and refer to this Agreement , represents the entire understanding between the Parties <br /> with respect to its subject matter and supersedes any previous communication or agreements L; <br /> that may exist . <br /> is <br /> i <br /> i <br /> is <br />