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    3.    
City Council Regular
Meeting Date: 09/05/2017  
Subject:    Approve Final payment for Project 14-10, Sand Creek Park Redevelopment
Submitted For: Sharon Legg From: Dianne Nelson, Advanced Accounting Technician

INTRODUCTION
The City Engineer recommends final payment to Peterson Companies, Inc. for Project 14-10, Sand Creek Park Redevelopment.
DISCUSSION
A summary of Project 14-10 is as follows:
 
Contract completion date 9/30/16
Substantial completion date 9/30/16
Final completion date 7/7/17
 
Contract amount $4,153,814.65
Total additions/deletions $239,181.17
Final contract amount $4,392,995.82
Actual project costs $4,429,793.54
Less:  previous payments by City ($4,286,583.85)
Amount due $143,209.69
Amount over final contract $36,797.72
The changes to the project were for additional tree removal, sanitary and water services at the storage garage, grading and drain tile revisions, as well as storm pipe improvements, a dumpster enclosure and storm basin construction.  The actual project costs were more than the final contract amount due to more work performed than actual bid.
RECOMMENDATION
Staff recommends approval of change orders and final payment to Peterson Companies, Inc. in the amount of $143,209.69 for Project 14-10, Sand Creek Park Redevelopment.

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