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3.3. SR 05-16-2011~~/ City of Elk --..~ River REQUEST FOR ACTION TO ITEM NUMBER Ci Council 3.3 AGENDA SECTION MEETING DATE PREPARED BY Consent Ma 16, 2011 ustin Femrite, Ci En ~ eer ITEM DESCRIPTION REVIEWED By 193`d Avenue Final Pay Estimate and Project Closure Lori ohnson, Ci Administrator REVIEWED BY ACTION REQUESTED Accept the improvements, approve the final payment, and start the warranty period for the 193`d Avenue project. BACKGROUND/DISCUSSION The project identified has been completed and is recommended for acceptance. I have reviewed the attached pay estimate and find it to be accurate and in accordance with the respective contracts. Additionally, all final IC134's, mechanics lien waivers, and wage rate documents have been submitted by the contractor and reviewed in accordance with the contract requirements. FINANCIAL IMPACT PROJECT PAY EST. # CONTRACTOR AMOUNT 193`d Avenue Street and Utility Improvements Final R.L. Larson Excavating $173,815.59 This project was completed below the approved contract amount. The final project costs are summarized as follows: Contract Amount Final Cost % Difference 193` Avenue Street and Utility Improvements $3,486,355.00 $3,234,168.86 7.2% ATTACHMENTS ^ Pay estimate as referenced above. Action Motion by Second by Vote FOllow Up N:\Public Bodies\Ciry Council\Council RCA\Agenda Packet\05-16-2011\Pay Estimates.docm CONTRACT {TERMS THIS PERIOD TOTAL TO DATE ITEM SPEC:. NO. NO. DESCRIPTION UNIT QTY.. UNIT QTY. AMOUNT' QTY. :AMOUNT _,PRICE 1'ay Lst-193rd-11.x16 PAGE 9 T(? 9 I hereby certify that all items and amounts shown by this pay estimate are correct for the work completed to date. ~' CONTRACTOR: R L_ Larson Excavatin~~ ~~ ",.~~ ~_ ~.. F_~ BY: ,{; TITLE: ~, DATE: ~ " t Based on the ENGINEER'S on-site inspections as an experienced and qualified design professional and on review of application for payment and the accompanying data and schedules, the ENGINEER has determined, to the best of hisJher knowledge and belief, that the quantities shown by this estimate are correct and that, based on such inspections and review, that the work has progressed to the point indicated (subject to an evaluation of such work as a functioning Project upon Substantial Completion, to the results of any subsequent tests required by the Contract Documents, and to any qualifications stated in his/her recommendation), and that payment of the amount recommended is due Contractor(s); but by recommending any payment, the ENGINEER will not thereby be deemed to have reviewed the means, methods, sequences, techniques, or procedures of construction or safety precautions or programs incident thereto or that the ENGINEER has made any examination to ascertain how or for what purpose any Contractor has used the monies paid on account of the Contract Price, or that title to any of the work, materials, or equipment has passed to the Owner free and clear of any lien, claims, security interests or encumbrances, or that the Contractor(s) have completed their work ex fly in accordance with the Contract Documents. ~~. ENGINEER: ,, ~ ~"~ ~ ~ BY: ~` TITLE: Cit n ineer ~ DATE: ,~-- J (/° `" Approved by OwnerlCommission BY: TITLE: DATE: ~'+,