HomeMy WebLinkAbout#12 - 2018 Street Improvements Pay Request 3 STAFF REPORT
DATE: October 16, 2018
CONSENT
ITEM #: 12
AGENDA ITEM: 2018 Street Improvements – Pay Request No. 3
SUBMITTED BY: Amanda Groh, Project Engineer REVIEWED BY: Kristina Handt, City Administrator Jack Griffin, City Engineer Chad Isakson, Assistant City Engineer
ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 3 for the 2018 Street Improvements? BACKGROUND: Valley Paving, Inc. was awarded a construction contract on May 15, 2018 to complete the 2018 Street Improvements project. Construction work is in progress. On October 2, 2018, the contractor was granted a three-week extension from their original completion date of September 21, 2018. The current substantial completion date for the project is October 12, 2018. PROPOSAL DETAILS/ANALYSIS: Valley Paving, Inc., has submitted Partial Pay Request No. 3 in the amount of $246,415.75. 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 $26,742.12. 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. 3 for the 2018 Street Improvements. If removed from the consent agenda, the recommended motion for the action is as follows:
“Move to approve Pay Request No. 3 to Valley Paving, Inc. in the amount of $246,415.75 for the 2018
Street Improvements project”.
ATTACHMENTS: 1. Partial Pay Estimate No. 3