Apex Approves Cost-Sharing with NCDOT for Intersection Upgrades
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Description
The Apex Town Council approved an agreement with the North Carolina Department of Transportation to reimburse NCDOT up to $447,860 for preliminary engineering and right-of-way acquisition for operational improvements at the intersection of Olive Chapel Road and Apex Barbecue Road. The agreement covers 35% of costs up to $1,279,600 and 100% of any excess costs, and will enable project progression.
Contract Details
Contract Amount
Up to $447,860 (35% of $1,279,600) and 100% of any costs exceeding $1,279,600
Vendor
NORTH CAROLINA DEPARTMENT OF TRANSPORTATION
Agency
Town of Apex town, NC
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 9, 2026
Contract Term
Effective upon full execution; ends when work complete and all terms met
Renewal Info
Agreement can be modified via written Supplemental Agreement if additional federal funding is made available or for future project phases. No set automatic renewal.
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