PROGRESS EVALUATION. Progress will be evaluated by MDOT at the time of the monthly progress estimate relative to the current Section Schedule. Actual progress shall be considered unsatisfactory if any one of the following conditions occurs: · the actual total earnings to date percentage for Work completed, based on progress payment estimate, falls behind the planned cumulative late dates earnings percentage. Payments for stored materials, materials on hand, or adjustments (asphalt, fuel, etc.) shall not be included in the actual progress earnings; · the calculated completion date of an interim milestone is later than the specified completion date by more than 30 days; or · the calculated Section completion date more than 60 days later than specified date.
Appears in 1 contract
Sources: Predevelopment Work Requirements
PROGRESS EVALUATION. Progress will be evaluated by MDOT at the time of the monthly progress estimate relative to the current Section Schedule. Actual progress shall be considered unsatisfactory if any one of the following conditions occurs: · the actual total earnings to date percentage for Work completed, based on progress payment estimate, falls behind the planned cumulative late dates earnings percentage. Payments for stored materials, materials on hand, or adjustments (asphalt, fuel, etc.) shall not be included in the actual progress earnings; · the calculated completion date of an interim milestone is later than the specified completion date by more than 30 days; or · the calculated Section completion date more than 60 days later than specified date.
Appears in 1 contract
Sources: Predevelopment Work Requirements