CEMP-E/CECW-E
EI 01D010
1 September 1997
projects. Some surety companies will quote rates to
contact surety companies in an attempt to obtain a
contractors for remedial action contracts. The rates
bond rate for the project. If the cost engineer does
depend on the contractor qualifications such as size
not obtain direct information from the surety
of company, past performance, HTRW cleanup
companies, table 12-3 is a guideline developed by
experience, and other factors. When preparing a
the HTRW CX which may be used to estimate bond
remedial action estimate, the cost engineer should
cost for HTRW projects.
Table 12-1 Bond Rates
1. Performance and performance-payment bond rates and lump sum and unit fixed -price contracts where the stipulated time for
completion is not over 12 months (Bond rates may change and should be verified on an annual basis).
a. Non-deviating SAA advisory rates per
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,000 of contract value for all jurisdictions except South Carolina, Louisiana, Delaware,
Hawaii, and Arkansas are as follows:
Amount of
Contract Price
Class B
Class A
Class A-1
First $ 100,000
.00/M
.00/M
.40/M
Next
400,000
15.00
10.00
7.20
Next 2,000,000
10.00
7.00
6.00
Next 2,500,000
7.50
5.50
5.00
Next 2,500,000
7.00
5.00
4.50
Over 7,500,000
6.50
4.50
4.00
b. Deviating rates from companies that may or may not belong to the SAA and are dependent on competition and contractor net
worth. The following rates per 00 of contract value are typical of a large contractor having a preferred rate structure:
Amount of
Class A
Class A-1
Contract Price
Class B
First 0,000
.00/M
.50/M
.90/M
Next 400,000
8.00
5.50
4.50
Next 2,000,000
7.00
5.00
4.10
Next 2,500,000
6.00
4.40
3.80
Next 2,500,000
5.00
3.80
3.50
over 7,500,000
4.50
3.25
2.95
2. Performance and performance-payment bond rates for lump sum and unit fixed -price contracts where the stipulated time for
completion is not over 24 months (Bond rate may change and should be verified on an annual basis). Nondeviating SAA advisory rates
per
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,000 of contract value for South Carolina, Louisiana, Delaware, Hawaii, and Arkansas are as follows:
Amount of
Contract Price
Class B
Class A
Class A-1
First $ 500,000
.40/M
.80/M
.20/M
Next 2,000,000
8.70
6.72
6.00
Next 2,500,000
6.90
5.28
4.92
12-3
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