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LR 109-4 <br /> Page 1 of 4 <br /> State of Illinois <br /> DEPARTMENT OF TRANSPORTATION <br /> Bureau of Local Roads and Streets <br /> ' SPECIAL PROVISION <br /> FOR <br /> STEEL COST ADJUSTMENT FOR LOCAL LETTINGS <br /> ' (RETURN FORM WITH BID) <br /> ' Effective: June 16, 2017 <br /> Revised: <br /> ' Description. Steel cost adjustments will be made to provide additional compensation to the <br /> Contractor, or a credit to the project owner, for fluctuations in steel prices when optioned by the <br /> Contractor. The bidder shall indicate on the attached form whether or not this special provision <br /> ' will be part of the contract and submit the completed form with his/her bid. Failure to submit the <br /> form or failure to indicate contract number, company name, and sign and date the form shall make <br /> this contract exempt of steel cost adjustments for all items of steel. Failure to indicate "Yes" for <br /> ' any item of work will make that item of steel exempt from steel cost adjustment. <br /> Types of Steel Products. An adjustment will be made for fluctuations in the cost of steel used in <br /> the manufacture of the following items: <br /> ' Metal Piling (excluding temporary sheet piling) <br /> Structural Steel <br /> ' Reinforcing Steel <br /> Other steel materials such as dowel bars, tie bars, mesh reinforcement, guardrail, steel traffic <br /> signal and light poles, towers and mast arms, metal railings (excluding wire fence), and frames <br /> ' and grates will be subject to a steel cost adjustment when the pay items they are used in have a <br /> contract value of$10,000 or greater. <br /> ' The adjustments shall apply to the above items when they are part of the original proposed <br /> construction, or added as extra work and paid for by agreed unit prices. The adjustments shall <br /> not apply when the item is added as extra work and paid for at a lump sum price or by force <br /> account. <br /> Documentation. Sufficient documentation shall be furnished to the Engineer to verify the <br /> following: <br /> ' (a) The dates and quantity of steel, in Ib (kg), shipped from the mill to the fabricator. <br /> (b) The quantity of steel, in Ib (kg), incorporated into the various items of work covered by this <br /> special provision. The project owner reserves the right to verify submitted quantities. <br />