240 Risk Management

2. Required Schedules.
2.1 Initial Schedule. The owner will use the initial schedule to
monitor progress until the baseline schedule is accepted. Prepare
and submit a schedule for the first 60 calendar days of work in
accordance with subsections 100.3.3.1 and 100.3.3.2, plus a
summary bar chart schedule for the balance of the project. Activity
durations on the summary chart may exceed 15 working days.
At least ten calendar days before the preconstruction
meeting, submit the initial schedule to the owner. Ensure that
the schedule shows milestone and completion dates no later
than the specified contract milestone and completion dates.
The owner will review the initial schedule at the
preconstruction meeting. At this meeting, be prepared to generally
discuss the proposed schedule for the entire project, not just
the 60-day period covered by the initial schedule. If deviations
to the staging, phasing, or sequencing required by the contract
documents are proposed, be prepared to discuss these deviations.
Within five calendar days of the first project meeting, the
owner will respond by accepting the initial schedule, rejecting the
schedule and identifying the reason for rejection, or by asking for
more information. Address the reasons for rejection or provide the
information requested and resubmit the revised initial schedule
no more than five calendar days after the owner’s response. The
owner may withhold 25% of each progress payment until the
contractor submits and the owner accepts the initial schedule.
2.2 Baseline Schedule. No more than 30 calendar days after
approval of the initial schedule, prepare and submit a baseline
schedule to the owner for review in accordance with the
requirements of subsections 100.3.3.1 and 100.3.3.2.
Within ten calendar days of receipt of the baseline
schedule, the owner will respond by accepting the baseline
schedule, rejecting the schedule and identifying the reason
for rejection, or by asking for more information. Address the
reasons for rejection or provide the information requested
and resubmit the revised baseline schedule no more than ten
calendar days after the owner’s response. The owner may
withhold 25% of each progress payment until the contractor
submits and the owner accepts the baseline schedule.
2.3 Monthly Schedule Update. Prepare and submit a monthly
schedule update to the owner that depicts the status of the
project on the first workday of each month in accordance with the
requirements of subsections 100.3.3.1 and 100.3.3.2. The update
will reflect a new data date, work performed up to, but not including,

FIGURE 15.2CONT’D