Contract C2
East of Eldridge to East of Kirkwood
Bid Amount $84 Million
Total Project Duration 1,100 days
Incentives/Disincentives
| Milestone |
Milestone Duration (Days) * |
Max. Days Allowed for Early Completion |
Daily Incentive Amount |
Daily Disincentive Amount |
Milestone Started |
Milestone Completed |
Monetary Value |
Milestone 1: Complete all work necessary for the switch of I-10 westbound mainlanes and HOV. |
301 |
20 |
($10,000 per day for 20 days)
Maximum $200,000 |
($10,000 per day) |
04/04/2005 |
03/04/2006
|
$200.000** |
Milestone 3: Complete all work necessary for the I-10 eastbound mainlane switch for the entire project limits. |
319 |
10 |
($10,000 per day for 10 days)
Maximum $100,000 |
($10,000 per day) |
03/06/2006 |
11/11/2006 |
$100,000** |
Milestone 4: Complete all work necessary for the I-10 westbound frontage shift and substantial completion of the project. |
251 |
30 |
($10,000 per day for 30 days)
Maximum $300,000
|
($10,000 per day) |
06/04/2007 |
12/21/2007 |
$300,000** |
Milestone 5: Substantial completion of project. |
448 |
30 |
($5,000 per day for 30 days)
Maximum $150,000 |
($5,000 per day) |
11/13/2006 |
02/29/2008 |
$150,000** |
Milestone 6: Administrative work to close out project. |
1100 |
0 |
N/A |
$1,650 |
04/04/2005 |
03/30/2009 |
N/A |
Interim Milestone 1: Closure and reopening of westbound exit ramp to Kirkwood. |
50 |
10 |
($5,000 per day for 10 days)
Maximum $50,000 |
($5,000 per day) |
04/23/2007 |
05/19/2007 |
$50,000** |
Interim Milestone 2: Closure and reopening of westbound exit ramp to Dairy Ashford. |
30 |
10 |
($5,000 per day for 10 days)
Maximum $50,000 |
($5,000 per day) |
07/08/2007 |
07/28/2007 |
$50,000** |
* Does not include weather delays, time-suspensions, float-days or holidays. Calculation is based on contractors’ work days not actual calendar days.
** Incentive earned by contractor.
*** Disincentive assessed to contractor.
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