The value of the incentive and penalty will be determined per project, and the incentive and penalty will be identified in the bid solicitation and contract documents’ special provisions when the project meets the criteria.
- CAP Utilization Incentive
A monetary incentive will be paid to the contractor for meeting the apprenticeship utilization requirement.
A monetary penalty will be applied to the contractor failing to meet the apprenticeship utilization requirement. Issuing of this penalty does not limit or preclude the Contracting Agency’s ability to exercise other contractual actions, such as withholding of payment.