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    2.    
City Council Regular
Meeting Date: 07/18/2017  
Subject:    Approve Final Payment for Project 14-27, 85th Avenue Trail Construction
Submitted For: Sharon Legg From: Dianne Nelson, Advanced Accounting Technician

INTRODUCTION
The City Engineer recommends final payment to Valley Paving Inc. for Project 14-27, 85th Avenue Trail Construction.
DISCUSSION
A summary of Project 14-27 is as follows:
Contract completion date 6/24/16
Substantial completion date 6/24/16
Final completion date 6/24/17
 
Contract amount $326,804.50
Total additions/deletions $0.00
Final contract amount $326,804.50
Actual project costs $293,526.81
Less:  previous payments by City ($272,873.63)
Amount due $20,653.18
Amount under final contract ($33,277.69)

The actual project costs were less than the final contract amount due to less work performed than actual bid.
RECOMMENDATION
All of the above dates and amounts are reasonable and accurate according to the project file.  No liquidated damages are recommended.  Staff recommends approval of final payment to Valley Paving Inc. in the amount of $20,653.18 for Project 14-27, 85th Avenue Trail Construction.

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