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#07 - OV Phase 7 Pay Request 8
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#07 - OV Phase 7 Pay Request 8
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STAFF REPORT <br />DATE: August 7, 2024 <br /> CONSENT <br /> <br />AGENDA ITEM: Approve Pay Request No. 8 for the Old Village Phase 7 Street, Drainage and <br />Utility Improvements <br />SUBMITTED BY: Chad Isakson, Project Engineer REVIEWED BY: Nicole Miller, City Administrator Clarissa Hadler, Finance Director Marty Powers, Public Works Director Jack Griffin, City Engineer <br /> <br /> ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 8 for the Old Village Phase 7 Street, Drainage and Utility Improvements? BACKGROUND: Minger Construction Companies, Inc. was awarded a construction contract on April 4, 2023 to complete the Old Village Phase 7 Street, Drainage and Utility Improvements. Work is substantially complete. PROPOSAL DETAILS/ANALYSIS: Minger Construction Companies has submitted Partial Pay Request <br />No. 8 in the amount of $108,131.59. The request has been reviewed and payment is recommended in the amount requested. In accordance with the contract documents, the City has retained 5% of the total work completed. The amount retained is $110,367.32. <br /> FISCAL IMPACT: None. Partial payment is proposed in accordance with the Contract for the project. Payment remains within the authorized scope and budget. <br /> RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent Agenda, Pay Request No. 8 for the Old Village Phase 7 Street, Drainage and Utility Improvements. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to approve Pay Request No. 8 to Minger Construction Companies. in the amount of $108,131.59 for the Old Village Phase 7 Street, Drainage and Utility Improvements”. ATTACHMENTS: 1. Partial Pay Estimate No. 8.
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