Contract E2
From East of Silber to East of Campbell
Bid Amount $158 Million
Total Project Duration 1192 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: Traffic shift of I-10 westbound mainlane traffic to the completed westbound mainlane pavement. |
535 |
30 |
($20,000 per day for 30 days)
Maximum $600,000 |
($20,000 per day) |
04/04/2005 |
01/20/2007
|
$600,000** |
Milestone 2: Traffic shift of the I-10 METRO HOV lane from existing location to completed westbound mainlane pavement. |
103 |
10 |
($20,000 per day for 10 days)
Maximum $200,000 |
($20,000 per day) |
01/21/2007 |
05/03/2007 |
$200,000** |
Milestone 3: Traffic shift of I-10 eastbound mainlane traffic to the completed mainlane pavement in a temporary configuration. |
206 |
30 |
($60,000 per day for 30 days)
Maximum $1,800,000 |
($60,000 per day) |
04/30/2007 |
09/15/2007 |
$1,800,000** |
Milestone 4: Traffic shift of I-10 eastbound and westbound mainlanes and frontage roads to their final configuration. |
329 |
90 |
($60,000 per day for 90 days)
Maximum $5,400,000
|
($60,000 per day) |
09/17/2007 |
05/29/2008 |
$5,400,000** |
Milestone 5: Administrative milestone from start of project to final completion. |
1192 |
0 |
N/A |
$1,650 |
04/04/2005
|
Target Date
08/01/2009
|
|
* 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.
|
