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| − | [[:Category:152 Contactor Bonding Responsibilities|EPG 152 Contactor Bonding Responsibilities]] and [http://www.modot.org/business/standards_and_specs/SpecbookEPG.pdf#page=4 Sec. 103.4] provide information regarding the contract bond.
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| − | For contracts that include a pay item for mobilization, the contractor may submit a request for an upfront reimbursement payment for the cost of the contract bond, as well as the cost of any railroad liability insurance (see [http://www.modot.org/business/standards_and_specs/SpecbookEPG.pdf#page=9 Sec 618]). The contractor will need to submit this request to the Resident Engineer along with invoices that verify the cost of the bond and/or railroad liability insurance. The RE will then issue a no-cost change order to add a pay item for these costs and to reduce the cost of mobilization by an equal amount. See the [[:Category:101 Standard Forms#Change Orders – Mobilization and Contract Bond|QRG Change Orders - Mobilization and Contract Bond]] for instructions on how to process this change order in SM[[image:bulldozer.jpg|20px]]. If the change order is exclusively issued to pay bond/insurance, then the contractor’s signature on the change order is not required and no higher level approval is required, including federal oversight projects. Contracts that do not include a pay item for mobilization, such as [[147.3 Job Order Contracting (JOC)|Job Order Contracts]] and [[:Category:402 Bituminous Surface Leveling|Contract Level Course]] projects, are not eligible for this reimbursement since they do not include a pay item for mobilization.
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| − | | + | <b>This article has been removed. You can still view the history of this article by selecting the View history button.</b></br> |
| − | | + | <b>See [https://www.modot.org/missouri-standard-specifications-highway-construction Missouri Standard Specifications for Highway Construction Sec 103.4 Contract Bond Required] for more information.</b> |
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| − | [[Category:103 Award and Execution of Contract]]
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Latest revision as of 11:39, 19 November 2024
