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Ohio Administrative Code (Last Updated: January 12, 2021) |
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5501:2 Division of Highways |
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Chapter5501:2-7. Incentive/Disincentive Contract |
5501:2-7-03. Determination of incentive/disincentive daily amount
Latest version.
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Prior to including incentive/disincentive provisions in a contract the director shall calculate on a per project basis a daily or fraction thereof incentive/disincentive amount considering: construction engineering inspection costs, departmental traffic control costs and maintenance, detour and road user costs. The incentive rate may equal the disincentive rate.