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HomeMy WebLinkAbout#03 Compensating Change Order No. 5 for the 2018 Street Improvements STAFF REPORT DATE: September 3, 2019 CONSENT AGENDA ITEM: 2018 Street Improvements – Approve Compensating Change Order No. 5 SUBMITTED BY: Chad Isakson, Project Engineer REVIEWED BY: Kristina Handt, City Administrator Marty Powers, Public Works Director Jack Griffin, City Engineer ISSUE BEFORE COUNCIL: Should the City Council approve Compensating Change Order No. 5 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 contractor has completed the work in accordance with the contract, plans, and specifications; and with approval of this change order the contract amount will be adjusted to reflect the actual quantities installed as a part of the project. PROPOSAL DETAILS/ANALYSIS: Valley Paving, Inc. has submitted a compensating change order to reconcile the estimated and actual quantities installed on the project. FISCAL IMPACT: $96,750.05 decrease to the final construction contract amount. Areas resulting in a decrease in the contract price include less quantities used for items such as subgrade correction, pavement material, elimination of draintile from the improvements and reduced restoration quantities by keeping the contractor working within a tighter construction limit area. This compensating change order will decrease the final construction contract amount to $942,472.81. The original construction contract amount at the time of award was $1,043.136.70. RECOMMENDATION: Staff is recommending that the City Council approve, as part of the Consent Agenda, Compensating Change Order No. 5 for the 2018 Street Improvements, thereby decreasing the final contract amount by $96,750.05. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to approve Compensating Change Order No. 5 for the 2018 Street Improvements, thereby decreasing the contract amount by $96,750.05”. ATTACHMENTS: 1. Compensating Change Order No. 5.