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HomeMy WebLinkAbout#07 - 2018 Street Improvements Pay Req 2 STAFF REPORT DATE: September 18, 2018 CONSENT ITEM #: 7 AGENDA ITEM: 2018 Street Improvements – Pay Request No. 2 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. 2 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. The substantial completion date for the project is September 21, 2018. PROPOSAL DETAILS/ANALYSIS: Valley Paving, Inc., has submitted Partial Pay Request No. 2 in the amount of $188,475.63. 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 $13,772.87. 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. 2 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. 2 to Valley Paving, Inc. in the amount of $188,475.63 for the 2018 Street Improvements project”. ATTACHMENTS: 1. Partial Pay Estimate No. 2