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CITY OF EVERETT 36TH ST CSO STORAGE IMPROVEMENTS WO 3765-2 PW\JA\W3Y02300 PAYMENT PROCEDURES SEPTEMBER 2025 01 29 00 - 3 ©COPYRIGHT 2025 JACOBS Item Description Bid Item 1, 36th Street CSO Storage Tank – Lump Sum. The lump sum bid price for “36th Street CSO Storage Tank” shall include all work shown and specified in the Contract Documents not listed specifically in the other bid items below. Measurement will be in accordance with a reasonable apportionment of the work as established in the Schedule of Values. Payment will be based upon the percentage of completion for each appropriate line item in the Schedule of Values. One percent (1%) of the awarded Contract Price shall be assigned for preparation and submittal of Record Drawing documents. A maximum of half a percent of the awarded Contact Price shall be progressed if the Record Drawing information is up to date. The remaining half percent of the awarded Contract Price shall be retained and progressed only after all required documents are submitted to the Owner and are determined to be accurate and complete within 30 days of Physical Completion. Restoration quantities provided on Drawings are approximate and may change based on the Contractor’s means and methods.