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STAFF REPORT <br />DATE: March 21, 2023 <br /> CONSENT <br /> <br />AGENDA ITEM: Approve Pay Request No. 8 for the Water Tower No. 3 Project <br />SUBMITTED BY: Chad Isakson, Project Engineer <br />REVIEWED BY: Kristina Handt, City Administrator Marty Powers, Public Works Director <br /> Jack Griffin, City Engineer <br /> <br /> <br />ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 8 for the Water Tower <br />No. 3 project? <br /> <br />BACKGROUND: Phoenix Fabricators & Erectors, LLC was awarded a construction contract on January <br />18, 2022 for the construction of Water Tower No. 3. Work remains in progress and is on schedule. The <br />contract requires a milestone 1 completion date of November 18, 2022, milestone 2 completion date of <br />March 31, 2023, milestone 3 completion date of July 28, 2023, substantial completion date of October 13, <br />2023 and final completion date of November 17, 2023. <br /> <br />PROPOSAL DETAILS/ANALYSIS: Phoenix Fabricators & Erectors, LLC has submitted Partial Pay <br />Request No. 8 in the amount of $288,131.73. The request has been reviewed and payment is recommended <br />in the amount requested. In accordance with the contract documents, the City has retained 5% of the total <br />work completed. The amount retained is $102,083.80. <br /> <br />FISCAL IMPACT: None. Partial payment is proposed in accordance with the Contract for the project. <br />Payment remains within the authorized scope and budget. <br /> <br />RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent <br />Agenda, Pay Request No. 8 for the Water Tower No. 3 project. If removed from the consent agenda, the <br />recommended motion for the action is as follows: <br /> <br />“Move to approve Pay Request No. 8 to Phoenix Fabricators & Erectors, LLC. in the amount of <br />$288,131.73 for the Water Tower No. 3 project”. <br /> <br />ATTACHMENTS: <br /> <br />1. Partial Pay Estimate No. 8.