rs4j

Thanks to everyone who commented, all the info was excellent! I think the info I was most looking for was whether or not the KO will still pay 100% of the Mob and Prep once the bond and insurance proof of payment is provided? Joel, if you would like more specific info, I can provide that to you via an email message. In fact, I do have a couple other questions if you have a minute and can reply non-forum? I don't recall what the protocol is for these discussions but am sure I don't want to air all the dirty details in a public forum :-) Thanks again very much to each of you who responded, I always know where to look when I have a contracting question, WIFCON is just the best! Thanks again.

Sorry for any confusion......yes, I am asking about bonds and insurance. Those 2 costs are included in the Mobilization CLIN and the quantity/unit is 1 Lump Sum, as shown in the measurement and payment bid item table. It is a fixed price construction contract as I mentioned before. Where would the stipulation be for those costs to be paid, if not in measurement&payment? Again, thanks so much for your help!

There is no specific language in the contract other than the references to the Mob and Prep clauses from FAR and the agency-specific reg. My concern is that this agency has taken several fixed price contracts that we've done with them in the past, and have asked us to de-scope certain line items in the contract since, for instance, an on-call line item wasn't used (although the on-call status was complied with). It just seems to me that since the full risk is on the contractor for whatever the cost of the bonds and insurance is, the agency awarded that line item and should reimburse it as fixed price. Would a confirmation statement from the bonding and insurance companies suffice for the reasons they're requesting it? Not sure if this makes sense to you? VERY much appreciate your response!!!!

My question is hopefully a simple one :-) In a fixed price construction contract, when a lump sum is awarded for the Mob and Prep line item, can the awarding agency require cost breakdown for the Bonds and Insurance before reimbursing for them? It was my impression that whether the actual costs were higher than the bid amount or lower, its the responsibility of the contractor in a FP contract? Thank you for any input you guys can provide!