Ala. Admin. Code r. 355-14-1-.08

Current through Register Vol. 43, No. 1, October 31, 2024

Section 355-14-1-.08 - Cost Over-Runs

If the lowest responsible bid received by the awarding authority is greater than the project budget, the design professional will, upon instructions from the awarding authority, make revisions to the plans and specifications as may be necessary to re-bid the project within project budget, or a higher amount as may be authorized by the awarding authority. The design professional shall be reimbursed for revising the plans and specifications where the bid over-run is up to 10% of the project budget. If the bid over-run is greater than 10% of the project budget and (1) the awarding authority has received bids for the work within 90 days after final approval of the plans and specifications and (2) the reason that the over-run exceeds 10% of the project budget is not attributable to a unique or unexpected market condition which the design professional would not have reasonably contemplated in its estimates, the design professional will revise the plans and specifications to conform to the project budget defined in the agreement at no cost to the awarding authority.

Repealed and Repealed: Filed August 29, 1997; effective October 3, 1997. Amended: Filed September 18, 2001; effective October 23, 2001; operative November 1, 2001.

Author: Kippy Tate, Director

Statutory Authority:Code of Ala. 1975, § 41-9-141.