Code of Massachusetts Regulations
963 CMR - MASS. SCHOOL BUILDING AUTHORITY
Title 963 CMR 2.00 - School Building Grant Program
Section 2.12 - Construction - Module 7

(1) During construction, the Eligible Applicant and its team shall continue to collaborate with the Authority to provide updates regarding the project schedule and budget, as set forth in the Project Funding Agreement.

(2) The Eligible Applicant and the project team shall align the items in the project budget submitted in Pro-Pay with the costs that are incurred for the project, and shall use the Authority's standardized Schedule of Values, PFA Bid Amendment Worksheet, and Budget Revision Request form.

(3) The Eligible Applicant and the Authority shall execute a Bid Amendment to the Project Funding Agreement to amend the project budget to reflect the bid or Guaranteed Maximum Price received by the Eligible Applicant. The Eligible Applicant shall submit all required bid and Guaranteed Maximum Price documentation to the Authority in a timely manner. The Eligible Applicant shall return to the Authority a duly signed Project Funding Agreement Bid Amendment within 30 calendar days of receipt of the execution copy of said Amendment.

(4) The Eligible Applicant shall maintain an up-to-date project schedule, submitted to the Authority monthly by the Owner's Project Manager together with the Owner's Project Manager Report. The Eligible Applicant shall, within two weeks of the Eligible Applicant's approval of the General Contractor's or Construction Manager's construction schedule, update the project schedule to contain all of the schedule activities required by 963 CMR 2.00.

(5) The Eligible Applicant, with the assistance of its Owner's Project Manager shall monitor the Contractor's compliance with Massachusetts prevailing wage requirements established pursuant to M.G.L. c. 149 §§ 26 to 27H inclusive.