Lakeside Industries, Inc. 5/3/2024

2024 Pavement Maintenance Overlay SPECIAL PROVISIONS PW# 3823 35 1 1-09.8.GR1 2 Payment For Material On Hand 3 4 1-09.8.INST1.GR1 5 The last paragraph of Section 1-09.8 is revised to read: 6 7 1-09.8.OPT1.GR1 8 (August 3, 2009) 9 The Contracting Agency will not pay for material on hand when the invoice cost is less 10 than $2,000. As materials are used in the work, credits equaling the partial payments for 11 them will be taken on future estimates. Each month, no later than the estimate due date, 12 the Contractor shall submit a letter to the Engineer that clearly states: 1) the amount 13 originally paid on the invoice (or other record of production cost) for the items on hand, 2) 14 the dollar amount of the material incorporated into each of the various work items for the 15 month, and 3) the amount that should be retained in material on hand items. If work is 16 performed on the items and the Contractor does not submit a letter, all of the previous 17 material on hand payment will be deducted on the estimate. Partial payment for materials 18 on hand shall not constitute acceptance. Any material will be rejected if found to be faulty 19 even if partial payment for it has been made. 20 21 1-09.9(Payments).RTF 22 1-09.9 Payments 23 (December 30, 2022 APWA GSP) 24 25 Section 1-09.9 is revised to read: 26 27 The basis of payment will be the actual quantities of Work performed according to the 28 Contract and as specified for payment. 29 30 The Contractor shall submit a breakdown of the cost of lump sum bid items at the 31 Preconstruction Conference, to enable the Project Engineer to determine the Work 32 performed on a monthly basis. A breakdown is not required for lump sum items that 33 include a basis for incremental payments as part of the respective Specification. Absent 34 a lump sum breakdown, the Project Engineer will make a determination based on 35 information available. The Project Engineer’s determination of the cost of work shall be 36 final. 37 38 Progress payments for completed work and material on hand will be based upon 39 progress estimates prepared by the Engineer. A progress estimate cutoff date will be 40 established at the preconstruction conference. 41 42 The initial progress estimate will be made not later than 30 days after the Contractor 43 commences the work, and successive progress estimates will be made every month 44 thereafter until the Completion Date. Progress estimates made during progress of the 45 work are tentative, and made only for the purpose of determining progress payments. 46 The progress estimates are subject to change at any time prior to the calculation of the 47 final payment. 48 49 The value of the progress estimate will be the sum of the following: 50