Contract C1
From West of SH 6 to East of Eldridge on IH 10
Bid Amount $153 Million
Total Project Duration 1,167 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 new I-10 westbound frontage road and switch traffic. |
323 |
20 |
($10,000 per day for 20 days)
Maximum $200,000 |
($10,000 per day) |
05/02/2005 |
04/10/2006
|
$200,000** |
Milestone 2: Complete all westbound mainlane work necessary for transition to the new I-10 westbound mainlanes. |
230 |
90 |
($10,000 per day for 90 days)
Maximum $900,000 |
($10,000 per day) |
04/10/2006 |
08/19/2006
|
$900,000** |
Milestone 3: Complete all mainlane work necessary to switch the HOV to the proposed location. |
178 |
0 |
NA |
($10,000 per day) |
08/21/2006 |
03/11/2007 |
N/A |
Milestone 4: Complete all eastbound mainlane work necessary for transition to the new I-10 eastbound mainlanes. |
182 |
30 |
($10,000 per day for 30 days)
Maximum $300,000
|
($10,000 per day) |
03/13/2007 |
08/04/2007 |
$300,000^^ |
Milestone 5: Complete all final striping on the mainlane and frontage. |
309 |
60 |
($30,000 per day for 60 days)
Maximum $1,800,000 |
($30,000 per day) |
08/29/2007 |
Target Date 05/28/2008 |
|
Milestone 6: Administrative work to close out project. |
1239 |
0 |
NA |
($1,650 per day) |
05/02/2005 |
Target Date 03/29/2009 |
|
Milestone 7: Complete all work necessary for opening of the temporary SH 6 intersection. |
9 |
6 |
($50,000 per day for 6 days)
Maximum $300,000 |
($50,000 per day) |
09/15/2005 |
09/18/2005 |
$300,000** |
Milestone 8: Complete all work necessary for opening of the temporary Eldridge intersection. |
9 |
6 |
($50,000 per day for 6 days)
Maximum $300,000 |
($50,000 per day) |
04/07/2006 |
04/09/2006 |
$300,000** |
Milestone 9: Complete all work for necessary to open METRO/Tollway Lanes. |
26 |
0 |
NA |
($5,000 per day) |
03/13/2007 |
04/07/2007
|
N/A |
Milestone 10: Completion of SH 6 mianlanes and frontages. |
551 |
120 |
($10,000 per day for 120 days)
Maximum $1,200,000 |
($10,000 per day) |
04/02/2007 |
Target Date 12/23/2008 |
|
Early completion |
7/31/2008 |
|
$2,500,000 |
|
|
|
|
* 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.
|
