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HomeMy WebLinkAboutItem 06.d Date: October 16, 2017 Item No. ACCEPTANCE OF IMPROVEMENTS AND FINAL PAYMENT TO NORTHWEST ASPHALT, INC. FOR CITY IMPROVEMENT PROJECT 16-0 1 Proposed Action Staff recommends adoption of the following motion: Move to accept improvement and approve final payment to Northwest Asphalt, Inc. for City Improvement Project 16-01. Overview Northwest Asphalt, Inc. is requesting acceptance of the improvements and payment of the final pay voucher in the amount of $29,754.08 for the 2016 Miscellaneous Roadway Repairs, City Improvement Project 16-01. This closes this project. Attached is a summary of costs and change orders associated with the project. The original contract amount was $998,841.97. The final contract amount is $963,960.44. Cost reductions to the original contract amount are the result of unused quantities and services. All necessary paperwork, including lien waivers, the IC-134’s and Consent of Surety to Final Payment have been submitted. Staff recommends acceptance and approval of the final pay estimate. Primary Issues to Consider • Was all work satisfactorily completed? All work was satisfactorily completed and the contractor has met the administrative requirements for final payment. Supporting Information • A copy of the final pay voucher and cost summary is attached. Financial Impact: $29,754.08 Budgeted: Yes Source: Pavement Management Fund Related Documents (CIP, ERP, etc.): CIP Community Values: Good Value for Public Services Completed By: Chris Petree, Public Works Director