Pellco Construction, Inc. 6/22/2016

1 2 Adjustments will be based on the most current reference cost for Western Washington 3 or Eastern Washington as posted on the Agency website, depending on where the work 4 is performed. For work completed after all authorized working days are used, the 5 adjustment will be based on the posted reference cost during which contract time was 6 exhausted. The adjustment will be calculated as follows: 7 8 No adjustment will be made if the reference cost is within 5% of the base cost. 9 10 If the reference cost is greater than or equal to 105% of the base cost, then 11 Adjustment = (Current Reference Cost— (1.05 x Base Cost)) x (Q x 0.056). 12 13 If the reference cost is less than or equal to 95% of the base cost, then 14 Adjustment = (Current Reference Cost— (0.95 x Base Cost)) x (Q x 0.056). 15 16 Where Q = total tons of all classes of HMA paid in the current month's progress 17 payment. 18 19 "Asphalt Cost Price Adjustment", by calculation. 20 21 "Asphalt Cost Price Adjustment" will be calculated and paid for as described in this 22 section. For the purpose of providing a common proposal for all bidders, the 23 Contracting Agency has entered an amount in the proposal to become a part of the total 24 bid by the Contractor. 25 26 v0 27 5-04.5(1)B Price Adjustments for Quality of HMA Compaction 28 (January 16, 2014 APWA GSP) 29 30 Delete this section and replace it with the following: 31 32 The maximum CPF of a compaction lot is 1.00. 33 34 For each compaction lot of HMA when the CPF is less than 1.00, a Nonconforming 35 Compaction Factor (NCCF) will be determined. THE NCCF equals the algebraic difference 36 of CPF minus 1.00 multiplied by 40 percent. The Compaction Price Adjustment will be 37 calculated as the product of the NCCF, the quantity of HMA in the lot in tons and the unit 38 contract price per ton of the mix. 39 40 Nb D iSlO... 41 42 43 END DIVISION 5 44 HAWTHORNE ELEMENTARY SAFE ROUTES TO SCHOOL FED AID#SRTS-0420(021); COE#3540 SP-72 March 16,2016