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Cities of Dublin and Pleasanton | Disaster Debris Management Plan | 2022 <br />114 <br /> <br />8. Contract cost and pricexvii <br />a. If the contract amount (including contract modifications) <br />exceeds $150,000, did the NFE perform a cost or price <br />analysis? § 200.323(a) Yes No N/A <br />b. Did the NFE negotiate profit as a separate element of the price <br />for each contract in which there is no price competition and, in all <br />cases, where cost analysis is performed? § 200.323(b) Yes <br />No N/A <br />c. Is the contract a “cost plus a percentage of cost” or “percentage of construction cost” <br />contract?xviii [Note: This form of contract is prohibited under the Federal procurement <br />standards and is ineligible for FEMA reimbursement] Yes No <br /> <br />9. Bonding requirements for construction or facility improvement contracts <br />exceeding $150,000 <br />a. [Note: For construction or facility improvement contracts or subcontracts exceeding the <br />Simplified Acquisition Threshold (i.e., $150,000), the Federal awarding agency or pass-through <br />entity may accept the bonding policy and requirements of the non-Federal entity provided that <br />the Federal awarding agency or pass-through entity has made a determination that the Federal <br />interest is adequately protected.] <br />b. If such a determination (see above) has not been made, does the procurement <br />include the following? Yes No N/A <br />i. A bid guarantee from each bidder equivalent to five percent of the bid <br />price? Yes No N/A <br />1. The “bid guarantee” must consist of a firm commitment such as a bid bond, <br />certified check, or other negotiable instrument accompanying a bid as <br />assurance that the bidder will, upon acceptance of the bid, execute such <br />contractual documents as may be required within the time specified. <br />ii. A performance bond on the part of the contractor for 100 percent of the <br />contract price? Yes No N/A <br />1. A “performance bond” is one executed in connection with a contract to secure <br />fulfillment of all the contractor's obligations under such contract. <br />iii. A payment bond on the part of the contractor for 100 percent of the <br />contract price. <br />1. A “payment bond” is one executed in connection with a contract to assure <br />payment as required by law of all persons supplying labor and material in the <br />execution of the work provided for in the contract. <br />