Modifications; Performance; Payment

Cal. PCC § 10264

California Statutes

(

a) With the exception of projects over water requiring marine access, and which have a contract amount greater than twenty-five million dollars ($25,000,000), in addition to the provisions for partial payment made in

Section 10261, the department may make partial payments for the mobilization costs of a contract subject to this chapter, not to exceed the following:

(1) When percent of the original contract amount is earned, 50 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(2) When percent of the original contract amount is earned, 75 percent of the amount bid for mobilization or 7.5 percent of the original contract amount, whichever is lesser, may be paid.

(3) When percent of the original contract amount is earned, 95 percent of the amount bid for mobilization, or 9.5 percent of the original contract amount, whichever is lesser, may be paid.

(4) When percent of the original contract amount is earned, 100 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(5) Upon completion of all work on the project, payment of any amount bid for mobilization in excess of percent of the original contract amount will be paid. (

b) For projects over water requiring marine access, and with a contract amount greater than twenty-five million dollars ($25,000,000), in addition to the provisions for partial payment made in

Section 10261, the department may make partial payments for the mobilization costs of a contract subject to this chapter, not to exceed the following:

(1) When percent of the original contract amount is earned, 50 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(2) When 2.5 percent of the original contract amount is earned, 60 percent of the amount bid for mobilization, or 2.5 percent of the original contract amount, whichever is lesser, may be paid.

(3) When percent of the original contract amount is earned, 75 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(4) When percent of the original contract amount is earned, 95 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(5) When percent of the original contract amount is earned, 100 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(6) Upon completion of all work on the project, payment of any amount bid for mobilization in excess of percent of the original contract amount shall be paid. This subdivision shall apply only to contracts that are advertised subsequent to the date that the act adding this subdivision becomes effective.

Document details

CollectionCalifornia Statutes
CitationCal. PCC § 10264
Date2002-09-27
Typestatute
Languageen
SourceCA_STAT
IdentifierPCC10264.20029652

Modifications; Performance; Payment

Cal. PCC § 10264

California Statutes

Modifications; Performance; Payment

Cal. PCC § 10264

California Statutes

(

a) With the exception of projects over water requiring marine access, and which have a contract amount greater than twenty-five million dollars ($25,000,000), in addition to the provisions for partial payment made in

Section 10261, the department may make partial payments for the mobilization costs of a contract subject to this chapter, not to exceed the following:

(1) When percent of the original contract amount is earned, 50 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(2) When percent of the original contract amount is earned, 75 percent of the amount bid for mobilization or 7.5 percent of the original contract amount, whichever is lesser, may be paid.

(3) When percent of the original contract amount is earned, 95 percent of the amount bid for mobilization, or 9.5 percent of the original contract amount, whichever is lesser, may be paid.

(4) When percent of the original contract amount is earned, 100 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(5) Upon completion of all work on the project, payment of any amount bid for mobilization in excess of percent of the original contract amount will be paid. (

b) For projects over water requiring marine access, and with a contract amount greater than twenty-five million dollars ($25,000,000), in addition to the provisions for partial payment made in

Section 10261, the department may make partial payments for the mobilization costs of a contract subject to this chapter, not to exceed the following:

(1) When percent of the original contract amount is earned, 50 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(2) When 2.5 percent of the original contract amount is earned, 60 percent of the amount bid for mobilization, or 2.5 percent of the original contract amount, whichever is lesser, may be paid.

(3) When percent of the original contract amount is earned, 75 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(4) When percent of the original contract amount is earned, 95 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(5) When percent of the original contract amount is earned, 100 percent of the amount bid for mobilization, or percent of the original contract amount, whichever is lesser, may be paid.

(6) Upon completion of all work on the project, payment of any amount bid for mobilization in excess of percent of the original contract amount shall be paid. This subdivision shall apply only to contracts that are advertised subsequent to the date that the act adding this subdivision becomes effective.

Document details

CollectionCalifornia Statutes
CitationCal. PCC § 10264
Date2002-09-27
Typestatute
Languageen
SourceCA_STAT
IdentifierPCC10264.20029652
Modifications; Performance; Payment | CaseLite