CATEGORY 900 MATERIALS SECTION 930 — PRICE ADJUSTMENT FOR STEEL
930.01 Price Adjustment for Steel
930.01.01 General. A Price Adjustment (PA) may be made to provide additional compensation
to the Contractor or a credit to the Administration for the fluctuation in the raw material cost of Steel Products used on specific items of work identified in the Contract according to this provision. The master list of standard Pay Items, which the Department has determined are eligible for PA will be posted on the SHA website (www.roads.maryland.gov). The PA only applies to projects for which a Price Adjustment for Steel item is included in the Schedule of Prices. When the item is included in the Contract, the Contractor has the option to opt in or opt out of this specification. The Bidder may choose to have PA applied to any, all, or none of the eligible items shown on form OOC123. Materials purchased by the Contractor and/or the Supplier prior to bid opening, from the list of eligible items, are specifically excluded for consideration.
a.If the Contractor chooses to opt in, the Contractor must submit a Contractor Opt-In Form OOC123 and cover letter, on Contractors letterhead, to the OOC & a copy to the District Engineer no later than 15 calendar days after the date of the Notice of Award. No price adjustments will be considered if the Contractor fails to submit the required information within that time period.
b.This PA applies only to Items that are listed as adjustable in the contract bid items. The PA does not apply to changes in the cost of manufacturing, fabrication, shipping, storage, or any cost other than material.
c.This PA applies only to material cost changes that occur between the dates of the project bid opening by the Administration and the purchase date(s) of the material.
d.The Contractor shall submit the material cost information and all necessary documentation to the District for review. If a PA is necessitated, it will be made on the next estimate.
930.01.02 Price Adjustment Determinations. The PA will be made when there is an increase or
decrease of five percent or greater in the price listed in the AAM from Bid Opening Month to the Purchase Date Month. A maximum increase or decrease of 100 percent is permitted. The PA is applied only for a cost increase or decrease which is five percent or greater, and to a maximum of 100 percent.
a.Steel Prices. The Administration will maintain a monthly adjustment index using data obtained from the American Metals Market (AMM). The posted price will be 2025 STANDARD SPECIFICATIONS FOR CONSTRUCTION AND MATERIALS 2025 STANDARD SPECIFICATIONS FOR CONSTRUCTION AND MATERIALS established from the AMM price data published on the last Wednesday of the month. The monthly values will be posted at www.roads.maryland.gov (Business/Contracts, Bids, and Proposals/Resources and Documents) each month. The PA will be computed based on the established price set by the AMM as posted on the Administration’s website. No variations that occur within a month will be accounted for other than by the monthly AMM set price. The Administration’s published price data will be used to determine price differentials for any adjustments to be made.
b.Percent of Change for Prices. The percent of change will be calculated as follows: Percent Change = [(MI / BI) -1] x 100 Where: MI = Material Purchase Date Price. (The AMM posted price for the month that the material is purchased) BI = Bid Opening Price. (The AMM established price for the month in which the bid opening occurs)
c.Maximum Increase or Decrease. The maximum increase or decrease of 100 percent is determined as follows: [(MI / BI) – D] = +/- 1 max D = 1.05 when increase is 5%; 0.95 when decrease is 5% adjustment.
d.Price Adjustment. Computations for the Price Adjustment will be as follows: PA = [(MI / BI) – D] x (CB) x (Q / 100) Where: PA = Price Adjustment for the current month MI = Material Purchase Date Price. (The AMM established price for the month that the contractor or fabricator purchases material) BI = Bid Opening Price. (The AMM established price for the month in which the bid opening occurs) CB = Cost Basis in dollars per CWT (100 lbs.) at time of bid, calculated as follows: CB = Price invoiced per CWT x (BI/MI) D = 1.05 when increase is 5%; 0.95 when decrease is 5% Q = Total Pounds of applicable steel product(s) which are incorporated into the work and shipped to an approved site (as recorded and verified by Contractor and Fabricator/Supplier)
e.Documentation. In addition to the Contractor Opt-In Letter Form OOC123, provide documentation to verify the weight and date of purchase of the applicable material and the associated pay items and descriptions. Prior to submittal to the Engineer, have all materials and documentation in the submittal verified by the Office of Materials Technology (OMT). Submit all documentation to the Engineer prior to incorporation of the material into the work. Submit separate documentation packages for each applicable product and for each quantity represented by the various items below. Include the following in each package:
1.Documentation package number. Label each documentation package with a unique number.
2.Identification of the product and pay item subject to adjustment.
3.The Purchase Order. (4) The product quantity in pounds. (5) Steel Certification and Mill Test Reports for the product. (6) Material Acceptance documentation by the OMT. (7) A statement signed by the Contractor stating that the documentation provided is true and accurate.
930.01.03 Price Adjustment Criteria and Conditions. The following criteria and conditions
will be considered in determining the PA.
a.Payment. When the price increases a minimum of five percent or greater, the PA will result in an increased payment to the contractor. When the price decreases by minimum of five percent or greater, the PA will result in a credit to the Administration. The PA has a maximum payment adjustment for increases or decreases of 100 percent. The PA will be applied to the Contract under the item for Price Adjustment for Steel. This amount will be a fixed set bid item supplied by the Administration in the Schedule of Prices to be submitted to all bidders. The quantity and unit price for these bid items shall not be revised by bidders. 2025 STANDARD SPECIFICATIONS FOR CONSTRUCTION AND MATERIALS 2025 STANDARD SPECIFICATIONS FOR CONSTRUCTION AND MATERIALS Upon submittal of the documentation from the contractor and review/verification by the Administration, any adjustment required will be applied to the subsequent project pay estimate.
b.Inspection of Records. The Administration reserves the right to inspect the records of the Contractor to ascertain actual pricing and cost information used in the performance of the applicable items of work.
c.Additional Work. When new items of work, as specified herein, are added to the Contract as additional work, in accordance with the Contract provisions, the PA will be determined by the index at the acceptance of prices and the index at the purchase of material date.
d.Force Account. Additional work performed on a force account, which includes reimbursement for material, equipment, labor, overhead and profit will be considered full compensation for the current costs. 950 — TRAFFIC MATERIALS CATEGORY 900 MATERIALS SECTION 950 — TRAFFIC MATERIALS
950.01 Precast Concrete Traffic Barrier
As specified in the Contract Documents. Welded wire fabric as specified in 908.05.
950.02 Reserved
950.03 Reflectorization of Signs and Channelizing
DEVICES Provide retroreflective sheeting that meets the requirements of the latest version of ASTM D4956 and is selected from the Administration’s Qualified Products List QPL. The type of sheeting to be used for different classifications of signs shall be as specified in the QPL and as described below. Provide fluorescent colors, when yellow, orange or pink sheeting is specified. Color coordinates and values shall be as described in the MDMUTCD and 23 CFR Part 655, Subpart F, Appendix. Provide non-reflective sheeting, when black sheeting is specified. All sheeting for legend and backgrounds shall be from the same manufacturer and be a matched component system intended to be used together. Use ASTM Type IV or VIII construction sheeting with a Class 1 backing for drums for maintenance of traffic. The sheeting must be reboundable as defined in the supplementary requirements of ASTM D4956, latest version. Use ASTM Type IV, V or VIII for delineators, and lane separator systems. Use ASTM Type IV, VI or VIII sheeting for cones for maintenance of traffic. The sheeting must be reboundable as defined in the supplementary requirements of ASTM D4956, latest version. Use ASTM Type VI sheeting with a Class 5 backing for Roll up signs for Maintenance of Traffic. Use ASTM Type VIII, IX or XI sheeting for rigid temporary traffic signs. Use ASTM Type XI sheeting for Guide Signs, Exit Gore Signs, General Information Signs, School Signs, Warning Signs and Red Regulatory Signs. Use ASTM Type IV, VIII, IX or XI sheeting for all other Regulatory Signs and for Route Markers. 2025 STANDARD SPECIFICATIONS FOR CONSTRUCTION AND MATERIALS
Source: Maryland Standard Specifications for Construction and Materials, 2025 Edition. Pages 1069–1072 of 1,113.