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HomeMy WebLinkAbout#12 - OV 5 & 6 Pay Req 4DATE: October 19, 2021 CONSENT AGENDA ITEM: Approve Pay Request No. 4 for the Old Village Phase 5 and 6 Street, Drainage and Utility Improvements 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 Pay Request No. 4 for the Old Village Phase 5 and 6 Street Drainage, and Utility Improvements? BACKGROUND: A-1 Excavating was awarded a construction contract on March 16, 2021 to complete the Old Village Phase 5 and 6 Street Drainage, and Utility Improvements. Work remains in progress with a milestone 1 completion date of October 15, 2021, milestone 2 completion date of October 14, 2022, substantial completion date of June 30, 2023 and final completion date of July 28, 2023. PROPOSAL DETAILS/ANALYSIS: A-1 Excavating has submitted Partial Pay Request No. 4 in the amount of $264,672.20. 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 $31,800.22. 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.4 for the Old Village Phase 5 and 6 Street Drainage, and Utility Improvements. If removed from the consent agenda, the recommended motion for the action is as follows: “Move to approve Pay Request No. 4 to A-1 Excavating. in the amount of $264,672.20 for the Old Village Phase 5 and 6 Street, Drainage, and Utility Improvements”. ATTACHMENTS: 1. Partial Pay Estimate No. 4.