Common use of CONTRACTOR COST REDUCTION PROPOSALS Clause in Contracts

CONTRACTOR COST REDUCTION PROPOSALS. The provisions of this subsection will apply only to contracts awarded to the lowest bidder pursuant to competitive bidding. On projects with original contract amounts in excess of $100,000, the Contractor may submit, in writing, proposals for modifying the plans, specifications or other requirements of the contract for the sole purpose of reducing the cost of construction. The cost reduction proposal shall not impair, in any manner, the essential functions or characteristics of the project, including but not limited to service life, economy of operation, ease of maintenance, desired appearance, design and safety standards. This provision shall not apply unless the proposal submitted is specifically identified by the Contractor as being presented for consideration as a value engineering proposal. Not eligible for cost reduction proposals are changes in the basic design of a pavement type, runway and taxiway lighting, visual aids, hydraulic capacity of drainage facilities, or changes in grade or alignment that reduce the geometric standards of the project. As a minimum, the following information shall be submitted by the Contractor with each proposal:

CONTRACTOR COST REDUCTION PROPOSALS. The provisions of this subsection will apply only to contracts awarded to the lowest bidder Bidder pursuant to competitive bidding. On projects Projects with original contract amounts in excess of $100,000, the Contractor may submit, in writing, proposals for modifying the plansPlans, specifications Specifications or other requirements of the contract Contract Documents for the sole purpose of reducing the cost of constructionthe Work. The cost reduction proposal shall not impair, in any manner, the essential functions or characteristics of the projectProject, including but not limited to service life, economy of operation, ease of maintenance, desired appearance, design and safety standards. This provision shall not apply unless the proposal submitted is specifically identified by the Contractor as being presented for consideration as a value engineering proposal. Not eligible for cost reduction proposals are changes in the basic design of a pavement Pavement type, runway Runway and taxiway lightingTaxiway Lighting, visual aids, hydraulic capacity of drainage facilities, or changes in grade or alignment that reduce the geometric standards of the projectProject. As a minimum, the following information shall be submitted by the Contractor with each proposal: