KLB Construction Inc 11/20/2018 - Laserfiche WebLink

I 1 Prompt Payment I 2 Prompt payment to all subcontractors shall be in accordance with Section 1-08.1. 3 Prompt payment requirements apply to progress payments as well as return of 4 retainage. 5 6 Required SBE Reporting 7 The Contractor and all subcontractors/suppliers/service providers that utilize DBEs to 8 perform work on the project, shall maintain appropriate records that will enable the 9 Engineer to verify DBE participation throughout the life of the project. 10 11 Refer to Section 1-08.1 for additional reporting requirements associated with this 12 contract. 13 14 Definitions 15 Regardless of race or gender, a SBE is one certified by OMWBE as such, where the 16 firm's: 17 18 (a) Three year averaged gross receipts are less than $22.41 million dollars, with 19 smaller industry standards applicable 111 20 21 (b) Is at least 51% owned and controlled by an individual or individuals with a personal 22 net worth less than $1.32 million dollars 23 24 (c) A Micro Small Business Enterprise is a firm certified as an SBE with average gross 25 receipts for three years less than one million dollars 26 27 28 29 1-07.12 Federal Agency inspection 30 31 Section 1-07.12 is supplemented with the following: 32 33 34 (January 25, 2016, WSDOT GSP OPT1) 35 36 Required Federal Aid Provisions 37 The Required Contract Provisions Federal Aid Construction Contracts (FHWA 1273) Revised 38 May 1, 2012 and the amendments thereto supersede any conflicting provisions of the I 39 Standard Specifications and are made a part of this Contract; provided, however, that if any 40 of the provisions of FHWA 1273, as amended, are less restrictive than Washington State 41 Law, then the Washington State Law shall prevail. 42 43 The provisions of FHWA 1273, as amended, included in this Contract require that the 44 Contractor insert the FHWA 1273 and amendments thereto in each Subcontract, together 45 with the wage rates which are part of the FHWA 1273, as amended. Also, a clause shall be 111 46 included in each Subcontract requiring the Subcontractors to insert the FHWA 1273 and 47 amendments thereto in any lower tier Subcontracts, together with the wage rates. The 48 Contractor shall also ensure that this section, REQUIRED FEDERAL AID PROVISIONS, is 49 inserted in each Subcontract for Subcontractors and lower tier Subcontractors. For this 50 purpose, upon request to the Engineer, the Contractor will be provided with extra copies of WEST MARINE VIEW DRIVE UTILITIES PAGE 47 OF 117 August 2018 WORK ORDER#3588 SPECIAL PROVISIONS I