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4.3.B. SR 10-17-2011
REQUEST FOR ACTION TO ITEM NUMBER Ci Council 4.3.B. AGENDA SECTION MEETING DATE PREPARED BY Consent October 17, 2011 ustin Femrite, Ci En ~ eer ITEM DESCRIPTION REVIEWED B~/ 2011 Street Improvement Pay Estimate 2 Robert Thistle, Interim City Administrator REVIEWED BY ACTION REQUESTED The City Council is asked to approve the pay estimate as described below. BACKGROUND/DISCUSSION Listed below is a pay estimate that has been submitted for approval. I have reviewed this pay estimate and find it to be accurate and in accordance with the contract documents. FINANCIAL IMPACT PROJECT 2011 Street Improvements Project ATTACHMENTS PAY EST. #$ CONTRACTOR AMOUNT 2 Redstone Construction $603,605.32 ^ Pay estimate as referenced above. ACt1011 Motion by Second by Vote Follow Up N:\Public Bodies\City Council\Council RCA\Agenda Packet\10-17-2011\Street Improvement Pay Est.docx CONTRACTOR'S PAY REQUEST CONTRACTOR 2011 STREET IMPROVEMENTS OWNER C1TY OF ELK RIVER .ENGINEER BMI PROJECT NO. 813.103354 TOTAL, COMPLETED WORKTO DATE ....................................................................................... $ 902,428.25 TOTAL, STORED MATERIALS TO DATE ...................................................................................... $D.00 DEDUCTION FOR STORED MATERIALS USED tN WORK COMPLETED ..................................... $0.00 TOTAL, COMPLETED WORK & STORED MATERIALS ................................................................ $ 902,428.25 RETAINED PERCENTAGE ( 5.D% ) ...................................................................................... ~ 45,121.41 TOTAL AMOUNT OF OTHER PAYMENTS OR (DEDUCTIONS) .............................................. ~ - NET AMOUNT DUE TO GONTRAGTOR TO DATE ....................................................................... $ 857,306.84 TOTAL AMOUNT PAID ON PREVIOUS ESTIMATES .................................................................. $ 253,7D1.52 PAY CONTRACTOR AS ESTIMATE NO. 2 ............................................. $ 603,605.32 Certificate for Partial Payment I hereby certn<y that, to the best of my knowledge and belief, all items quantifies and prices of work and material shown on this Estimate are correct and that all work has been performed in full accordance with the terms and conditions. of the Contract for this project between the Owner and the undersigned Contractor, and as amended by any authorized changes, and that the foregoing is a true and correct statement of She corrEract amount for the period covered by this Estimate. Contractor. Redstone Construction PA. Box 218 Mora, MN 55051 13y p ~~~ tQ~~~,~i~es ~i©/r~ / ~', Title CHECKED AND APPROVED AS TO QUANTITIES AND AMOUNT: BOLTON & MENKnINC., ENGINEERS, 7533 Sunwood Drive, Suite 206 Ramsey, MN 55303 By P.E. CITY ENGINEER ~ U .. ~ { ~ 3 f Tdle Date APPROVED FOR PAYMENT: Owner: Elk River, Minnesota By Title Date