Lawriter - OAC - 5501:2-7-03 Determination of incentive/disincentive daily amount.

5501:2-7-03 Determination of incentive/disincentive daily amount.

Prior to including incentive/disincentive provisions in a contract the director shall calculate on a per project basis a daily or fraction thereof incentive/disincentive amount considering: construction engineering inspection costs, departmental traffic control costs and maintenance, detour and road user costs. The incentive rate may equal the disincentive rate.

Effective: 3/29/2018
Five Year Review (FYR) Dates: 1/10/2018 and 03/29/2023
Promulgated Under: 119.03
Statutory Authority: 5525.20
Rule Amplifies: 5525.20
Prior Effective Dates: 09/29/1989