Milestone_schedule_-_Performance_Replacement_Project.pdf

PDF 310 KB Posted

Attached to
Tug to Replace Performance Federal contract opportunity
Solicitation number
6923G520RTUGREPLACEMENT
Issued by
Department of Transportation Saint Lawrence Seaway Development Corporation

About this file

Sample Payment Milestone Schedule

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6923G520RTUGREPLACEMENT ATTACHMENT

The offeror may propose customary contract financing for shipbuilding projects for this project.

Progress payments will be based on a stage of completion.

Suggested milestones include:

• Submission of Required Plans and Documentation 10%

• Steel ordered 15%

• Keel laying 10%

• Engines tested 10%

• Hull 90% framed and plated 15%

• Deckhouse/Wheelhouse attached 15%

• Launch 10%

• Dock trials 5%

• Delivery/acceptance 10%

A three (3) % retainage will be deducted from each progress payment.

Offerors shall include anticipated completion dates for each proposed milestone based on a twelve (12) month project completion/delivery time.

The offeror’s proposed progress payment schedule will be evaluated to determine if the proposed financing is in the best interest of the government.

File details come from the government source that posted it.