680GEOMETRIC CONTROLS

582

SCHEDULE OF PARTIAL PAYMENTS FOR GEOMETRIC CONTROLS WHEN THE CONTRACT BID PRICE FOR GEOMETRIC CONTROLS IS LESS THAN, OR EQUAL TO 5 % OF THE ORIGINAL CONTRACT AMOUNT (Partial Payments are a % of the Contract Amount for Geometric Controls) TIME OF PARTIAL PAYMENT AMOUNT OF PARTIAL PAYMENT ACCUMULATED PAYMENT First Estimate 20% of the Bid Price for Geometric Controls 20% of the Bid Price for Geometric Controls After the First Estimate and When the Percent Complete Exceeds 5 % of the Adjusted Contract Amount 50% of the Bid Price for Geometric Controls 70% of the Bid Price for Geometric Controls After the First Estimate and When the Percent Complete Exceeds 50 % of the Adjusted Contract Amount 30% of the Bid Price for Geometric Controls 100% of the Bid Price for Geometric Controls Note: If 50 % or more of the Adjusted contract amount is completed by the first estimate, a payment of 75 % of the Bid Price for Geometric Controls will be made on the first estimate. The remainder of the Bid Price for Geometric Controls will be paid on the following estimate.

SCHEDULE OF PARTIAL PAYMENTS FOR GEOMETRIC CONTROLS WHEN THE CONTRACT BID PRICE FOR GEOMETRIC CONTROLS IS GREATER THAN 5 % OF THE ORIGINAL CONTRACT AMOUNT (Partial Payments are a % of the Contract Amount for Geometric Controls) TIME OF PARTIAL PAYMENT AMOUNT OF PARTIAL PAYMENT ACCUMULATED PAYMENT First Estimate 10% of the Bid Price for Geometric Controls 10% of Total Bid Price for Geometric Controls After the First Estimate and When the Percent Complete Exceeds 5 % of the Adjusted Contract Amount 25% of the Bid Price for Geometric Controls 35% of Total Bid Price for Geometric Controls After the First Estimate and When the Percent Complete Exceeds 50 % of the Adjusted Contract Amount 50% of the Bid Price for Geometric Controls 85% of the Bid Price for Geometric Controls At Acceptance for Maintenance per Item 105.15(c)3. 15% of the Bid Price for Geometric Controls 100% of the Bid Price for Geometric Controls When more than one project is included in one contract, the amount of payment to be made will be based on the "Percent Complete" as defined in Article 108.04 and amount of the entire contract, not the amount of each individual project. Once the amount of partial payment is determined, based on the entire contract, this amount will then be prepared for payment on each individual project based on the fraction of the total contract of which the project is a part.

680.05Basis of Payment

The item of Geometric Controls, measured as noted above, will be paid for at the contract lump sum price bid. Said lump sum shall be full compensation for furnishing all materials (hubs, stakes, templates, straightedges), equipment, tools, labor, and incidentals necessary to complete this item of work. Partial payments for the item of Geometric Controls will be made in accordance with Article

680.04. The final quantity for this item will be 1.0 unless the project is terminated prior to completing

the work in accordance with Article 108.14. When more than one project is included in a contract, the amount of a partial payment will be the sum of separate calculations made for each project.

680-A Geometric Controls - per lump sum CONSTRUCTION FUEL COST 583

CONSTRUCTION FUEL COST

698.01Description

This Section shall cover the cost of construction fuel for the equipment necessary for the performance of the required work except for the production of Hot Mix Asphalt (HMA).

698.02Bidding

The bidder shall enter an amount from zero dollars up to the maximum dollar amount shown in the pay item description for fuel on the proposal form. The Contractor signifies that this amount represents a reasonable estimate of the fuel costs isolated from all other costs of completing the required work except for the production of HMA. If a proposal contains an amount greater than the maximum amount shown in the pay item description, the amount bid for Construction Fuel will be assigned a value that is the maximum amount.

698.03Method of Determining Partial Payments and Cost Adjustments

Partial payments for construction fuel will be based on the lump sum bid price for Construction Fuel and the Work Performed ("Work Performed" is defined in Section 101). This component will be calculated as follows. WP ce - WPpe P = CF OC – PBPI 2

Where, P = Amount of Partial Payment. (Dollars) (The total sum of partial payments may be less than or exceed the original contract amount for Construction Fuel.) CF = Lump Sum Contract Amount of "Construction Fuel". (Dollars) WP ce = "Work Performed" (as defined in Article 101.01) at the time of the current estimate or partial payment. (Dollars) WP pe = "Work Performed" (as defined in Article 101.01) at the time of the prior estimate for partial payment. (Dollars) OC = Original Contract Amount. (Dollars) PBPI2 = Original Bid Price for Mobilization, Geometric Controls, and Construction Fuel. (Dollars) The decimal value derived by the term "(WPce – WPpe) / (OC- PBPI2)" rounded to the nearest hundredth will be the decimal amount of the lump sum contract amount for construction fuel. WP is the "Work Performed" (as defined in Article 101.01).

The Department will determine and publish a monthly "Fuel Index" utilizing the average area terminal price reports for regular unleaded gasoline and No. 2 fuel of the "Platts Oilgram Price Report" published during the week in which the first day of the month occurs. The Base Fuel Index (BFI) for the project will be the monthly fuel index published for the month in which the bids were opened for the project. The Current Fuel Index (CFI) for the project will be the monthly fuel index published for the previous month if the estimate is finalized on any day from the 1st through the 10th day of the month. The Current Fuel Index (CFI) for the project will be the monthly fuel index published for the month in which the estimate is finalized if the estimate is finalized on any day between the 11th and the last day of the month. A cost adjustment for construction fuel will be calculated as follows: