Design Build Finance & Build Finance Compensation
Original Contract and Supplements
Original Design Build Finance/Build Finance Contract:
1. One Cash Availability Schedule per 11-Character Financial Project
a. Utilities should not have to be on a separate phase
b. Federal earmarks (such as HPP and TIMP funds) require their own 11-Character Financial Project as well as a single Federal Project.
2. Fuel and Bit may be programmed on the 11-Character Financial Project with the use of the ‘P2’ or ‘P3’ Program Code designations, but are not included in the Cash Availability Schedule(s). However, the fuel and bit will be tracked by the Office of Comptroller to assist with the invoice and payment request review.
NOTE: NO PROGRAMMING CHANGES (ADD, DELETE OR CHANGE) MAY BE MADE TO THE PROJECT WITHOUT GOING THROUGH THE OFFICE OF WORK PROGRAM WHO WILL COORDINATE WITH THE OFFICE OF COMPTROLLER PRIOR TO APPROVAL TO MAKE CHANGES.
1. If additional funds are to be programmed on an original 11-Character Financial Project, there will be a revised Cash Availability Schedule provided which will include/incorporate the amount for the supplemental.
2. If additional funds are to be programmed on a new (to the contract) 11-Character Financial Project:
a. If all the funds are in the current year, a standard supplemental should be executed there is no revision required for the Cash Availability Schedule. However, similar to fuel and bit adjustments, the supplemental will be tracked to assist with the invoice and payment request review.
b. If the addition of the funds includes a future year, the supplemental will require a new Cash Availability Schedule
1. The invoice must be broken down by each 11-Character Financial Project shown on the Cash Availability Schedule or those included in a standard supplemental.
2. Payments will be based on the Cash Availability Schedule for each 11-Character Financial Project. (Funds available for a specific 11-Character Financial Project cannot be used for another 11-Character Financial Project when earnings exceed cash availability).