C15578-Attachment C-42-Steel Materials Price Escalation-De-Escalation Election Form-Add2.pdf
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- Solicitation number
- S-73000-00014433
- Issued by
- Columbia County, Condon City, Oregon
About this file
This is an Addendum 2 to a Design-Builder contract (C15578) that establishes the election procedures for participating in a steel materials price escalation/de-escalation program. The Design-Builder must submit a completed election form to the Agency Engineer within 45 calendar days after Notice to Proceed (NTP) if it elects to participate in the program. The form requires the Design-Builder to identify and list only those steel material items determined to be eligible and qualified for the program, completing the submission with accurate steel material descriptions and corresponding cost basis information obtained from Form TSE. The submission must be signed and dated by the Design-Builder and delivered in writing to the Agency Engineer.
The steel price escalation/de-escalation clause and program under contract sections DB195.12 through DB195.12(d) are mandatory components of the contract regardless of whether the Design-Builder elects to participate, how many price items contain qualifying steel materials, or whether any price items qualify for the program. The Design-Builder has the option to decline participation entirely, in which case no submission is required. The escalation/de-escalation program serves as the exclusive mechanism for addressing steel price fluctuations throughout the contract term, with no alternative price adjustment clauses permitted.
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Addendum 2 1
Steel Materials Price Escalation/De-Escalation Program Participation Election Form
If the Design-Builder elects not to participate in the steel escalation/de-escalation program for the Project, no response from the Design-Builder is required.
The Design-Builder may elect to participate in the steel escalation/de-escalation program for this Project under DB195.12 through DB195.12(d) by including each steel material item in the list below that the Design-Builder has determined are qualified for the program on Form TSE and is selecting for participation in the program. The completed list must be submitted in writing, signed and dated by the Design-Builder, to the Agency Engineer within 45 Calendar Days after NTP.
(Fill in the table below with only those steel material items which the Design-Builder has determined are eligible from the Steel Escalation/De-Escalation Worksheet and for which the Design-Builder elects to participate in the steel escalation/de-escalation program. Use complete and accurate steel material item names.)
QUALIFYING
STEEL MATERIAL ITEM COST BASIS (CB)
Steel Material Description (from Form TSE) CB (from Form TSE) Steel Material Description (from Form TSE) CB (from Form TSE) Steel Material Description (from Form TSE) CB (from Form TSE) Steel Material Description (from Form TSE) CB (from Form TSE) Steel Material Description (from Form TSE) CB (from Form TSE)
(Copy and paste the above list to add additional items.)
Regardless of the number of Price Items with qualifying steel material items, or if no Price Items qualify for the steel escalation/de-escalation program for this Project or the Design- Builder elects not to participate in the steel escalation/de-escalation program for this Project, the steel price escalation/de-escalation clause (and program) contained in DB195.12 through DB195.12(d) are included in this Contract and are the only steel price escalation/de-escalation clause (and program) that apply to this Contract.
Design-Builder’s Signature Date
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