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DocuSign Envelope ID: 67A848F2-43D5-4DF5-8EF1-747972F4F304 <br />EXHIBIT D — OPTION LETTER <br />SAMPLE OPTION LETTER <br />State Agency <br />Department of Transportation <br />Option Letter Number <br />ZOPTLETNUM <br />Local Agency <br />ZVENDORNAME <br />Agreement Routing Number <br />ZSMARTNO <br />Agreement Maximum Amount <br />Initial term <br />State Fiscal Year ZFYY_1 <br />Extension terms <br />State Fiscal Year ZFYY_2 <br />State Fiscal Year ZFYY_3 <br />State Fiscal Year ZFYY_4 <br />State Fiscal Year ZFYY_5 <br />Total for all state fiscal years <br />$ ZFYA_1 <br />$ ZFYA_2 <br />$ ZFYA_3 <br />$ ZFYA_4 <br />$ ZFYA_5 <br />$ <br />ZPERSVC_MAX_ <br />AMOUNT <br />Agreement Effective Date <br />The later of the effective date or ZSTARTDATEX <br />Current Agreement Expiration Date <br />ZTERMDATEX <br />1. OPTIONS: <br />A. Option to extend for an Extension Term <br />B. Option to unilaterally authorize the Local Agency to begin a phase which may include Design, Construction, <br />Environmental, Utilities, ROW incidentals or Miscellaneous ONLY (does not apply to Acquisition/Relocation or <br />Railroads) and to update encumbrance amounts (a new Exhibit C must be attached with the option letter and shall be <br />labeled C-1, future changes for this option shall be labeled as follows: C-2, C-3, C-4, etc.). <br />C. Option to unilaterally transfer funds from one phase to another phase (a new Exhibit C must be attached with the <br />option letter and shall be labeled C-1, future changes for this option shall be labeled as follows: C-2, C-3, C-4, etc.). <br />D. Option to unilaterally do both A and B (a new Exhibit C must be attached with the option letter and shall be labeled <br />C-1, future changes for this option shall be labeled as follows: C-2, C-3, C-4, etc.). <br />2. REQUIRED PROVISIONS: <br />Option A <br />In accordance with Section 2, C of the Original Agreement referenced above, the State hereby exercises its <br />option for an additional term, beginning on (insert date) and ending on the current contract expiration date <br />shown above, under the same funding provisions stated in the Original Contract Exhibit C, as amended. <br />Option B <br />In accordance with Section 7, E of the Original Agreement referenced above, the State hereby exercises its <br />option to authorize the Local Agency to begin a phase that will include (describe which phase will be added and <br />include all that apply — Design, Construction, Environmental, Utilities, ROW incidentals or Miscellaneous) and to <br />encumber previously budgeted funds for the phase based upon changes in funding availability and <br />authorization. The encumbrance for (Design, Construction, Environmental, Utilities, ROW incidentals or <br />Miscellaneous)is (insert dollars here). A new Exhibit C-1 is made part of the original Agreement and replaces <br />Exhibit C. (The following is a NOTE only, please delete when using this option. Future changes for this option for <br />Exhibit C shall be tabled as follows: C-2, C-3, C-4, etc.). <br />Option C <br />Exhibit D - Page 1 of 2 <br />