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HomeMy WebLinkAbout#12 - 2018 Street Improvements STAFF REPORT DATE: August 21, 2018 CONSENT ITEM #: 12 AGENDA ITEM: 2018 Street Improvements – Pay Request No. 1 SUBMITTED BY: Amanda Groh, Project Engineer REVIEWED BY: Kristina Handt, City Administrator Jack Griffin, City Engineer ISSUE BEFORE COUNCIL: Should the City Council approve Pay Request No. 1 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. The substantial completion date for the project is September 21, 2018. PROPOSAL DETAILS/ANALYSIS: Valley Paving, Inc., has submitted Partial Pay Request No. 1 in the amount of $73,208.90. 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 $3,853.10. 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. 1 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. 1 to Valley Paving, Inc. in the amount of $73,208.90 for the 2018 Street Improvements project”. ATTACHMENTS: 1. Partial Pay Estimate No. 1.