Earthwork Solutions, LLC 1/30/2025

Fulton Street Pedestrian Bicycle Corridor PAGE 66 OF 114 CONTRACT FEDERAL AID # TAP-0420(026) WO #3785 September 6, 2024 Bid Schedule. Items which are not to be included in the item of Mobilization include but 1 are not limited to: 2 3 1. Portions of the Work covered by the specific Contract item or incidental Work 4 which is to be included in a Contract item or items. 5 2. Profit, interest on borrowed money, overhead, or management costs. 6 3. Costs incurred for mobilizing equipment for force account Work. 7 8 Based on the lump sum Contract price for “Mobilization”, partial payments will be made as 9 follows: 10 11 1. When 5 percent of the total original Bid Schedule amount is earned from other 12 Contract items on that original Bid Schedule, excluding amounts paid for 13 materials on hand, 50 percent of the Bid Item for mobilization on that original Bid 14 Schedule, 5 percent of the total of that original Bid Schedule, or 5 percent of the 15 total original Contract amount, whichever is the least, will be paid. 16 2. When 10 percent of the total original Bid Schedule amount is earned from other 17 Contract items on that original Bid Schedule, excluding amounts paid for 18 materials on hand, 100 percent of the Bid Item for mobilization on that original Bid 19 Schedule, 10 percent of the total of that original Bid Schedule, or 10 percent of 20 the total original Contract amount, whichever is the least, will be paid. 21 3. When the Substantial Completion Date has been established for the project, 22 payment of any remaining amount Bid for mobilization will be paid. 23 24 Nothing herein shall be construed to limit or preclude partial payments otherwise provided 25 by the Contract. 26 27 1-09.8.GR1 28 Payment For Material On Hand 29 30 1-09.8.INST1.GR1 31 The last paragraph of Section 1 -09.8 is revised to read: 32 33 1-09.8.OPT1.GR1 34 (August 3, 2009) 35 The Contracting Agency will not pay for material on hand when the invoice cost is less 36 than $2,000. As materials are used in the work, credits equaling the partial payments for 37 them will be taken on future estimates. Each month, no later than the estimate due date, 38 the Contractor shall submit a letter to the Engineer that clearly states: 1) the amount 39 originally paid on the invoice (or other record of production cost) for the items on hand, 2) 40 the dollar amount of the material incorporated into each of the various work items for the 41 month, and 3) the amount that should be retained in material on hand items. If work is 42 performed on the items and the Contractor does not submit a letter, all of the previous 43 material on hand payment will be deducted on the estimate. Partial payment for materials 44 on hand shall not constitute acceptance. Any material will be rejected if found to be faulty 45 even if partial payment for it has been made. 46 47 1-09.9.GR1 48 Payments 49 50