Tag: incentive payment

Contractor Wins Acceleration Impact Cost and the Incentive Payment

Contractor Wins Acceleration Impact Cost AND the Incentive Payment (1995)1 Executive Summary: The Pennsylvania Department of Transportation (PennDOT) awarded a time sensitive bridge rehabilitation project to a contractor and, within the contract, provided a large daily incentive payment for early completion. PennDOT delayed the project and refused to pay the acceleration […]