Lakeside Industries Inc. 6/21/2021

1 1 work are tentative, and made only for the purpose of determining progress payments. 2 The progress estimates are subject to change at any time prior to the calculation of the 3 final payment. 4 5 The value of the progress estimate will be the sum of the following: I 6 1. Unit Price Items in the Bid Form —the approximate quantity of acceptable units of 7 work completed multiplied by the unit price. 8 2. Lump Sum Items in the Bid Form — based on the approved Contractor's lump sum 9 breakdown for that item, or absent such a breakdown, based on the Engineer's 10 determination. 11 3. Materials on Hand — 100 percent of invoiced cost of material delivered to Job site 12 or other storage area approved by the Engineer. 13 4. Change Orders—entitlement for approved extra cost or completed extra work as 14 determined by the Engineer. 15 16 Progress payments will be made in accordance with the progress estimate less: 17 1. Retainage per Section 1-09.9(1), on non FHWA-funded projects; 18 2. The amount of progress payments previously made; and 19 3. Funds withheld by the Contracting Agency for disbursement in accordance with the I 20 Contract Documents. 21 22 Progress payments for work performed shall not be evidence of acceptable performance ' 23 or an admission by the Contracting Agency that any work has been satisfactorily 24 completed. The determination of payments under the contract will be final in accordance 25 with Section 1-05.1. 26 27 1-09.9(1).GR1 28 Retainage I 29 30 1-09.9(1),INSTI.GR1 31 Section 1-09.9(1) content and title is deleted and replaced with the following: 32 33 1-09.9(1).OPTI.GR1 34 (June 27, 2011) 35 Vacant 36 37 1-10.GR1 38 Temporary Traffic Control 39 40 1-10.2.GR1 41 Traffic Control Management 42 43 1-10.2(1).GR1 44 General 45 46 1-10.2(1),INSTI.GR1 47 Section 1-10.2(1) is supplemented with the following: , 48 49 1-10.2(1).OPTI.GR1 50 (January 3, 2017) ' 2021 PAVEMENT MAINTENANCE OVERLAY PAGE 38 OF 84 DIVISION T WORK ORDER 3751 MARCH 29,2021