Texas § TN.370.408 - ASSUMPTION OF RISKS
Full text of Texas The Texas Constitution § TN.370.408 — ASSUMPTION OF RISKS, with citation guidance and answers to common questions.
§ TN.370.408. ASSUMPTION OF RISKS
ASSUMPTION OF RISKS. (a) Unless otherwise provided in the final request for detailed proposals, including all addenda and supplements to that request, the authority shall assume: (1) all risks and costs associated with: (A) scope changes and modifications, as requested by the authority; (B) unknown or differing site conditions; (C) environmental clearance and other regulatory permitting for the project; and (D) natural disasters and other force majeure events; and (2) all costs associated with property acquisition, excluding costs associated with acquiring a temporary easement or work area associated with staging or construction for the project. (b) Nothing herein shall prevent the parties from agreeing that the design-build contractor should assume some or all of the risks or costs set forth in Subsection (a) provided that such agreement is reflected in the final request for detailed proposals, including all addenda and supplements to the agreement. Added by Acts 2011, 82nd Leg., R.S., Ch. 1345 (S.B. 1420 ), Sec. 38, eff. September 1, 2011.
Frequently Asked Questions About Texas § TN.370.408
What does The Texas Constitution § TN.370.408 cover?
Section TN.370.408 ("ASSUMPTION OF RISKS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § TN.370.408?
A common citation format is "The Texas Constitution § TN.370.408" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § TN.370.408 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.