AgdaPkt 2003-10-13 - Laserfiche WebLink

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8��32 =_ = ._._ DRAFT ii) �aveloper s'�11 ref�GG�ntractor's construction schedule and shall verify that the sch�"eTs irt�rdance w the requirements of the Contract Documents and that it est�Aes com�tion dafes.that comply with the requirements of the Schedule of Performance. � D er shall, �articipation with the Consultants and Contractors, detertnine a schedu �va�s fer Facility Costs. The schedule of values shall allocate the Not-to- = ��d P3� Facifity C89FCo the activities shown on the ConVador's cona Wction schedule. = Th8'-8$m of �chedule of values shall equal the Not-to-Exceed Parking Facility .^.ost. Developer _= shall v�that�schedule of values is reasonable and is made in accordance w;th the Contract — Documen�t Prog�s payments to each Contracta and ConsultaM shall be based on the = Schedule o�/alues; the Contractor's percentage of completion of the scheduled activities and =SServices asxet out in the construction schedule, and the ConVactor's compliance with the Contract �3scuments�eveloper shall provide City and Agency with the schedule of values within ten days ot� d�tty and Agency issue the Notice to Proceed. '�in � No later than ten days after excavation for the Public Parking Faality begins, Developer shall provide City and Agency with a projected cash flow schedule for construction of the Public Parking Facility. Developer shall update the cash flow schedule as required to reflect change orders or other developments. v) Developer shall prepare and maintain daily reports on the progress of the work, and provide weekly summaries of the reports to the City and Agency. vi) Developer shall conduct weekly meetings at the Project Site with the Contractor and weekly coordination meetings with the Contractor, the City, the Agency and the Consultants during construction of the Public Parking Facility. Developer shall prepare and distribute minutes of these meetings to all attendees promptly, including the City and the Agency. vii) Each month, Developer shall r�view the progress of construction of each ConVactor, shail evaluate the percentage complete of each construction activity as indipted in the Contractor's construction schedule and shall review such percentages with the Contractor. This anatysis shall serve as the basis for the progress payments to the Contractor. Based on this information, Developer shall provide a written report to City and Agency, no less often than monthly, showing the actual progress compared to scheduled progress, payments made on account of construction, change orders requested and issued, changes to the projected cash flow schedule, and informing the City and Agency of any events that may affect the cost or schedule for construction of the Public Parking Facility and the Project. viii) The Developer shall prepare and distribute monthly progress payment reports. These reports shall state the total of the Parking Facility Costs, the value of all contracts for construction of the Public Parking Facility, payments made by Developer to date for Parking Facility Costs, current payments requested by Contractors and Consultants, any requests for distribution of the Contingency Funds, retainage held on each contract, and actual amounts Developer proposes to pay to Contractors and Consultants in the current payment period. This report shall inGude a Certificate of Payment that shall be signed by the Developer and delivered to the City and Agency for use in making reimbursements to the Developer. --------------�� � , Formatted: Font: 9� 9;2fi/03 30 .' .-� �bd: 56877vto 33786/0001 � SEB? DB ------------��----- - '�.�.