Bill > SB1792

This bill requires the Tennessee Department of Transportation (TDOT) commissioner to establish rules for reimbursing utility companies for relocation costs associated with highway projects, ensuring a minimum reimbursement of $2.5 million for projects where relocation costs exceed that amount, and considering various factors like project complexity, impact on ratepayers (customers of the utility), and unforeseen conditions when determining reimbursement. The bill also mandates that TDOT approve a utility owner's plan for relocating their facilities within highway rights-of-way if that plan achieves the relocation at the lowest cost to the utility's ratepayers, and it clarifies the responsibilities and agreements between TDOT and utility owners regarding the timing and performance of relocation work, with provisions for reimbursement if TDOT's project is delayed or if the utility performs work under a reservation of rights.

Transportation and Infrastructure

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1792&ga=114