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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 30-50. Mobilization payments.
(a) As used in this Section, “mobilization payment” means an advance payment for the preparatory work and operations necessary for the movement of personnel, equipment, supplies, and incidentals to a project site and for all other work or operations that must be performed or costs incurred when beginning work on a project.
(b) When a contract under this Code entered into by the Department of Transportation provides for mobilization payments and the contractor is using the services of a subcontractor, the subcontract shall include terms requiring mobilization payments be made to the subcontractor.
Mobilization payments to a subcontractor shall be made on a tiered system based on the initial value of the subcontract:
|
Subcontract value |
Mobilization percentage |
|
|
Less than $10,000 |
25% |
|
|
$10,000-$19,999 |
20% |
|
|
$20,000-$39,999 |
18% |
|
|
$40,000-$59,999 |
16% |
|
|
$60,000-$79,999 |
14% |
|
|
$80,000-$99,999 |
12% |
|
|
$100,000-$249,999 |
10% |
|
|
$250,000-$499,999 |
9% |
|
|
$500,000-$750,000 |
8% |
|
|
Over $750,000 |
7% |
(c) This Section only applies to contracts entered into by the Department of Transportation.
Cite this article: FindLaw.com - Illinois Statutes Chapter 30. Finance § 500/30-50. Mobilization payments - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-30-finance/il-st-sect-30-500-30-50/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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