IMCO General Construction, Inc. 6/10/2024

Partial payment shall be calculated based on the ratio of work completed as listed in the Schedule of Values. Bid Item 24 - RECORD DRAWINGS Measurement and Payment: Lump Sum (LS) with a minimum of 1% of the total bid, before taxes. The lump sum bid shall include the complete cost of providing all mark-up drawings necessary for the Owner to create accurate record drawings. Record Drawings shall be maintained throughout the Project duration. Owner may request copies once a month to verify status. Partial payments will be made for the lump sum contract price for "Record Drawings" as follows: Partial payment for shall be calculated based on the ratio of work completed as listed in the Schedule of Values for 75% of this bid item. The remaining 25% shall be paid after submittal and approval of the final Record Drawings. Bid Item 25 - FORCE ACCOUNT Measurement and Payment: Force Account (FA) This Force Account bid item shall be accomplished in accordance with the Section 00 72 00, General Conditions, Article 9.6 except as modified below. The Force Account bid item has been included for any additional work directed by the Engineer that is not required by the original contract. The amount indicated in the proposal for this bid item is to provide a common bid amount for all bidders. The actual amount paid under this bid item may vary from no payment to the full amount for the bid item. Work performed under this bid item will be initiated with a work directive issued by the Engineer. In lieu of the preceding prescribed method of determining payment for force account work, payment may be made at unit prices or lump sum prices agreed to by the Engineer and the Contractor prior to beginning Force Account work. END OF SECTION Reservoir 3 Replacement Phase 1 Work Order No. UP3739 01 22 00 MEASUREMENT AND PAYMENT March 2024