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Contract F Incentives/Disincentives
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Contract F

I-10/I-610 Interchange and I-610 from South of Post Oak Blvd. to North of Old Katy Road
Bid Amount $263 Million
Total Project Duration 1,359 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 median rehab work for transition to rehabilitated median in adjoining project.

50

0

N/A

($5,000 per day)

10/01/2003

11/24/2003

N/A

Milestone 2: Complete all southbound mainlane work necessary for transition to southbound area in adjoining project.

219

0

N/A

($30,000 per day)

12/01/2003

08/01/2004

N/A

Milestone 3: Complete all median area work necessary for transition to median area in adjoining project.

123

0

N/A

($30,000 per day)

08/02/2004

12/05/2004

N/A

Milestone 4: Complete all northbound mainlane work necessary for transition to northbound area .

260

0

N/A

($30,000 per day)

12/18/2004

08/15/2005

N/A

Milestone 5: Complete all I-610 work to substantial completion.

494

90

($75,000 per day for 90 days)
Maximum $6,750,000

($75,000 per day)

08/16/2005

09/27/2006

$6,750,000**

Milestone 6: Complete all work (I-610 and I-10) to substantial completion.

133

30

($75,000 per day for 30 days)
Maximum $2,250,000

($75,000 per day)

09/28/2006

12/31/2006

$2,250,000**

Milestone 7: Final acceptance; traffic in final configuration.

1359

0

N/A

($1,900 per day)

10/01/2003

09/11/2007

N/A

Interim Milestone 8-1: North Post Oak Bridge/intersection traffic shift from 2 lanes to 4 lanes.

238

45

($30,000 per day for 45 days)
Maximum $1,350,000

($30,000 per day)

05/22/2004

12/14/2004

$1,350,000**

Milestone 8-2: Close/reopen
I-10 westbound exit to Silber Road.

49

0

N/A

($5,000 per day)

01/28/2005

03/19/2005

N/A

Interim Milestone 8-3: Close/reopen Direct Connector E.

24

10

($5,000 per day for 10 days)
Maximum $50,000

($5,000 per day)

12/08/2004

12/21/2004

$50,000**

Interim Milestone 8-4: Close/reopen Direct Connector C.

83

20

($30,000 per day for 20 days)
Maximum $600,000

($30,000 per day)

03/19/2006

05/20/2006

$600,000**

Interim Milestone 8-5: Close/reopen I-610 SB exit to Post Oak Blvd.

60

20

($20,000 per day for 20 days)
Maximum $400,000

($20,000 per day)

04/24/2004

05/18/2004

$400,000**

* 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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