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Special Construction Contract Provisions (September, 1997) - SP-9

The following Special Provisions modify, amplify, or amend the General Provisions with respect to the clauses cited below and no other clauses or requirements of these items are waived or changed hereby. The Special Provisions shall take precedence over the General Provisions.

SP-1. Modify Section 10 - Definition of Terms
SP-2. Modify Section 20 - Proposal Requirements and Conditions
SP-3. Modify Section 30 - Award and Execution of Contract
SP-4. Modify Section 40 - Scope of Work
SP-5. Modify Section 50 - Control of Work
SP-6. Add to Section 60 - Control of Materials
SP-7 Modify Section 70 - Legal Regulations and Responsibility to Public
SP-8. Modify Section 80 - Prosecution and Progress
SP-9. Modify Section 90 - Measurement and Payment
SP-10. Certification of NPDES Permit

SP-9. Modify SECTION 90 - MEASUREMENT AND PAYMENT as follows:

In Paragraph 90-06 PARTIAL PAYMENTS, replace all references to 10 percent retainage to 5 percent retainage.

In Paragraph 90-08 PAYMENT OF WITHHELD FUNDS, change 90-08.b. to read:

The Contractor shall deposit to and maintain in such escrow only those securities or bank certificates of deposit as are acceptable to the owner and having a value of not less than twice the 5 percent of the retainage that would otherwise be withheld from partial payment. The Contractor shall maintain such deposits in escrow until the Agent authorizes in writing the release of such funds.

 
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