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HomeMy WebLinkAbout2017 Street Imp - Pay Request No 5 STAFF REPORT DATE: March 20, 2018 CONSENT #8 AGENDA ITEM: 2017 Street Improvements – Pay Request No. 5 SUBMITTED BY: Chad Isakson, Project Engineer REVIEWED BY: Kristina Handt, City Administrator Jack Griffin, City Engineer ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 5 for the 2017 Street Improvements? BACKGROUND: Hardrives, Inc. was awarded a construction contract on May 16, 2017 to complete the 2017 Street Improvements project. At this time the work has been completed. Engineering is working with the contractor to close out the project. PROPOSAL DETAILS/ANALYSIS: Hardrives, Inc., has submitted Partial Pay Request No. 5 in the amount of $20,505.35. 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 $50,340.16. FISCAL IMPACT: None. Partial payment is proposed in accordance with the Contract for the project. Payment remains within the authorized scope and budget. RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent Agenda, Pay Request No. 5 for the 2017 Street Improvements. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to approve Pay Request No. 5 to Hardrives, Inc. in the amount of $20,505.35 for the 2017 Street Improvements project”. ATTACHMENTS: 1. Partial Pay Estimate No. 5.