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HomeMy WebLinkAboutItem 06.g Date: February 5, 2018 Item No. ACCEPTANCE OF IMPROVEMENTS AND FINAL PAYMENT TO HARDRIVES, INC. FOR CITY IMPROVEMENT PROJECT 15-05 Proposed Action Staff recommends adoption of the following motion: Move to accept improvements and approve final payment to Hardrives, Inc. for City Improvement Project 15-05. Overview Hardrives, Inc. is requesting final acceptance and final payment in the amount of $16,595.27 for completion of the Hamburg Avenue Project, City Improvement Project 15-05. The project involved the mill and overlay of Hamburg Avenue, south of 210th Street, and grading of the ditches to improve drainage. The original contract amount was $345,578.21. One change order brought the final contract amount to $356,618.21. With the final payment, total project costs will be $331,905.49; this is approximately 7 percent below the final contract amount and is based on reductions in quantities of materials used for the project. 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 request. 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 request is attached. Financial Impact: $16,595.27 Budgeted: Yes Source: 429 Bonds & Spec. Assess. Related Documents (CIP, ERP, etc.): CIP Community Values: Good Value for Public Services Completed By: Chris Petree, Public Works Director