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HomeMy WebLinkAboutInwood Tower No. 4 - Pay Request No 7 AGENDA ITEM MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: December 20, 2016 CONSENT ITEM # 16 AGENDA ITEM: Inwood Water Tower (No. 4) – Pay Request No. 7 SUBMITTED BY: Chad Isakson, Project Engineer THROUGH: Kristina Handt, City Administrator REVIEWED BY: Jack Griffin, City Engineer Cathy Bendel, Finance Director SUGGESTED ORDER OF BUSINESS (if removed from the Consent Agenda): - Questions from Council to Staff ............................................. Mayor Facilitates - Public Input, if Appropriate………………………………….Mayor Facilitates - Call for Motion ............................................................... Mayor & City Council - Discussion ....................................................................... Mayor & City Council - Action on Motion .................................................................... Mayor Facilitates POLICY RECOMMENDER: Engineering. FISCAL IMPACT: None. Partial payment is proposed in accordance with the Contract for the project. Payment remains within the authorized scope and budget. SUMMARY AND ACTION REQUESTED: The City Council is respectfully requested to consider approving Pay Request No. 7 for the Inwood Water Tower (No. 4) project. LEGISLATIVE HISTORY/BACKGROUND INFORMATION: CB&I, Inc., the Contractor for the project, has submitted Partial Pay Estimate No. 7 in the amount of $196,061.00. 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 $71,013.68. RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent Agenda, Pay Request No. 7 for the Inwood Water Tower (No. 4) project. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to approve Pay Request No. 7 to CB&I, Inc. in the amount of $196,061.00 for the Inwood Water Tower (No. 4) Project”. City Council Meeting [Consent Agenda Item 16] December 20, 2016 -- page 2 -- ATTACHMENT(S): 1. Partial Pay Estimate No. 7.