Current through Public Act 103-1052
Section 30 ILCS 500/30-50 - Mobilization payments(a) As used in this Section, "mobilization payment" means an advance payment for the preparatory work and operations necessary for the movement of personnel, equipment, supplies, and incidentals to a project site and for all other work or operations that must be performed or costs incurred when beginning work on a project.(b) When a contract under this Code entered into by the Department of Transportation provides for mobilization payments and the contractor is using the services of a subcontractor, the subcontract shall include terms requiring mobilization payments be made to the subcontractor. Mobilization payments to a subcontractor shall be made on a tiered system based on the initial value of the subcontract:
Subcontract value | Mobilization percentage |
Less than $10,000 | 25% |
$10,000-$19,999 | 20% |
$20,000-$39,999 | 18% |
$40,000-$59,999 | 16% |
$60,000-$79,999 | 14% |
$80,000-$99,999 | 12% |
$100,000-$249,999 | 10% |
$250,000-$499,999 | 9% |
$500,000-$750,000 | 8% |
Over $750,000 | 7% |
(c) This Section only applies to contracts entered into by the Department of Transportation.Added by P.A. 100-0333,§ 5, eff. 1/1/2018.