5501:2-7-02. Determination of incentive/disincentive time

Latest version.

Prior to including incentive/disincentive provisions in a contract, the director shall conduct an engineering analysis in order to determine realistic critical and non-critical time frames. The time frames, including critically identified work phase , shall be clearly set out in the construction contract. The analysis should involve a review of industry past performance and a critical path method schedule.

Effective: 3/29/2018
Five Year Review (FYR) Dates: 1/10/2018 and 03/29/2023
Promulgated Under: 119.03
Statutory Authority: 5525.20
Rule Amplifies: 5525.20
Prior Effective Dates: 09/29/1989, 08/08/2006

                    
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