HomeMy WebLinkAbout#09 - Inwood Water Tower Pay Req 13 STAFF REPORT
DATE: August 20, 2019
CONSENT
AGENDA ITEM: Inwood Water Tower (No. 4) – Accept Improvements & Approve Final Payment
SUBMITTED BY: Chad Isakson, Project Engineer
REVIEWED BY: Kristina Handt, City Administrator
Marty Power, Public Works Director
Sue Iverson, Finance Director
Jack Griffin, City Engineer
ISSUE BEFORE COUNCIL: Should the City Council accept the Inwood Water Tower (No. 4)
Improvements and approve Pay Request No. 13 (Final) to CB&I, Inc.?
BACKGROUND: CB&I, Inc. was awarded a construction contract on March 15, 2016 to complete the
Inwood Water Tower (No. 4) project. The project was substantially completed and the water tower was
made available for use by the City on January 19, 2018, which was 113 days later than the contract
substantial completion date of September 28, 2017. Final restoration work was completed in the summer
of 2018 and staff have been working with CB&I, Inc. to close-out the project including final payment.
PROPOSAL DETAILS/ANALYSIS: The project is now fully completed and ready for close-out. The
Project Engineer has prepared a Certificate of Completion indicating that all work is completed including
all punch list items and is recommending acceptance of the improvements and release of final retainage.
Project acceptance will initiate the one-year warranty period for the improvements. The one-year warranty
will begin on August 20, 2019 and will extend through August 20, 2020.
CB&I, Inc., has submitted a Final Pay Request in the amount of $244,266.87. The work has been reviewed
by the Engineer and is fully completed in accordance with the Contract, Specifications, and Change Orders.
The final payment amount reflects a deduction in payment in the amount of $99,000 as liquidated damages
for the late delivery of the substantial completion.
FISCAL IMPACT: The final total construction cost for the project is $2,389,042.95. Liquidated damages
in the amount of $99,000 was deducted for a total construction cost due to the contractor in the amount of
$2,290,042.95. The total project cost for the improvements with engineering, fiscal and administration is
$2,646,000 which is below the budget amount of $3,000,000. The project was funded $1,771,416 through
the MN DEED grant and the remaining $874,584 funded through the water enterprise funds.
RECOMMENDATION: Staff is recommending that the City Council consider, as part of the Consent
Agenda, accepting the Inwood Water Tower (No. 4) Improvements and approving Pay Request No. 13 (F)
in the amount of $244,266.87. If removed from the consent agenda, the recommended motion for the action
is as follows:
“Move to accept the improvements and approve Pay Request No. 13 (Final) to CB&I, Inc. in the
amount of $244,266.87 for the Inwood Water Tower (No. 4)”.
ATTACHMENTS:
1. Partial Pay Estimate No. 13 (Final).
2. Certificate of Completion