2025.03.17 CC Packet - Laserfiche WebLink

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Page 3 of 5 cost. The estimated amount is set forth in Table 1. 5. County-Furnished Material County-furnished material costs shall be items such as light poles, traffic signal control equipment, and street name signs which are separately procured outside of the construction contract and installed within the Project limits. The City shall pay their share of the final County-furnished material cost. The estimated amount is set forth in Table 1. TABLE 1 – ESTIMATED COSTS City of Hugo Cost Summary ITEM TOTAL COST LPP MnDOT COUNTY CITY GRANT STORM COST COST Construction $1,036,541.95 $ 890,332.95 $85,379.00 $ 23,650.00 $37,180.00 Design Engineering $ 289,943.00 $ - $ - $ 279,534.05 $10,408.95 Construction Engineering/ Contract Administration $ 78,056.96 $ 71,226.64 $ 6,830.32 $ - $ - Right of Way $ - $ - $ - $ - $ - County Furnished Material $ - $ - $ - $ - $ - TOTAL ESTIMATED COST $1,404,541.91 $961,559.59 $92,209.32 $303,184.05 $47,588.95 6. The costs and shares attributable to the City and payable to the County as shown in Table 1 are merely estimated and a final reconciliation of costs as set forth in Section G below shall be done at the end of the Project. Actual City costs and shares are based on the following: a. Construction shall be based on the contractor's unit prices and final quantities at Project completion including all contract changes. b. Design engineering shall be based on the contractor’s unit prices at the time of contract award. c. Construction engineering/contract administration shall be based on the contractor’s unit prices and final quantities at Project completion including all contract changes and liquidated damages. d. Right of way shall be based on the final costs to acquire right of way. e. County-furnished material shall be based on the final costs to acquire County-furnished material. G. PAYMENT 1. Construction and Construction Engineering/Contract Administration a. After the County has awarded the construction contract, the County shall update Exhibit B to conform the Exhibit to the amounts in the awarded bid and shall invoice the City 10 percent of the City's estimated construction and construction engineering/contract administration cost based on the updated Exhibit B. b. During construction, the County shall submit to the City partial estimates of work performed by the contractor. The City shall pay to the County its share of the partial estimate as determined in Section F. c. Upon substantial completion of the work the County shall submit to the City a final invoice and final reconciliation of costs. The reconciliation will add or subtract contract amendments to the City’s Project components, adjustments for liquidated damages pursuant to Section I., and previous Project cost payments made by the City to the County. 2. The costs set forth in Table 1 for design engineering and right of way shall be separate line items on the invoice and paid by the City on a reimbursable basis. Docusign Envelope ID: 1CFFC712-947A-44CC-ADF6-818462F3D23D