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<br />EXHIBIT III <br />TIME SCHEDULE <br />3.1 The Section 1. Basic Work of the Contractor as described in Exhibit I sliall <br />be completed by the CONTRACTOR in accordance with time contained in <br />the December 23, 2002 bid prepazed and submitted by the <br />CONTRACTOR. <br />3.2 Project Milestones, Constraints and Completion <br />The project duration is 330 days. The following milestones will be utilized <br />to develop project schedules and to evaluate schedule performance. <br />The following interim milestvne dates are based upan a February 2, 2003 <br />notice to proceed. Dates will be adjusted once an actual Notice To <br />Proceed date is established. <br />BP-2 Site work <br />Provide Critical Submittals 03Mar03 <br />Complete Detention Pond 31 Mar03 <br />Complete Underground Utilities 19May03 <br />Complete Transformer/Trash Pad <br />Complete Masonry Wall Foundations 30Jun03 <br />Complete Walks, Curbs and Paving 15Sep03 <br />Complete Fina.l Grad'mg 30Sep03 <br />BP-3 Concrete <br />Provide Critical Submittals 17Mar03 <br />Complete Basement Foundations, <br />Elev. Pit and Walls 15Apr03 <br />Complete Ground Floor Foundations 12May03 <br />Complete Ground Floor S.O.G. 02Jun03 <br />BP-4 Steel <br />Provide Critical Submittals 03Mar03 <br />Complete Structural Steel Frame 30Jun03 <br />Complete Roof Joists and Deck 14Ju103