Massachusetts Statutes

§ 66 — Rights of department upon material default by an operator

Massachusetts·Part I ADMINISTRATION OF THE GOVERNMENT·Title II EXECUTIVE AND ADMINISTRATIVE OFFICERS OF THE COMMONWEALTH·Ch. 6C MASSACHUSETTS DEPARTMENT OF TRANSPORTATION

Section 66.

(a)Upon the occurrence and during the continuation of a material default by an operator, not caused by an event of force majeure, and upon the failure by the contractor or its financing institution on the contractor's behalf, to cure such material default within 30 days of written notice of such default by the department, the department may:
(1)elect to take over the transportation facility, including the succession of all right, title and interest in the transportation facility; and(2) terminate the public-private agreement and exercise any other rights and remedies available.
(b)In the event that the department elects to take over a transportation facility under subsection (a), the department:
(1)shall make interim payments, on behalf of the contractor and for the contractor

Free access — add to your briefcase to read the full text and ask questions with AI

Massachusetts § 66 (Rights of department upon material default by an operator) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

View on official source ↗