4.3.A. SR 11-21-2011~-~1 ~~
Elk REQUEST FOR ACTION
River
TO ITEM NUMBER
Ma or and Ci Council 4.3.A.
AGENDA SECTION MEETING DATE PREPARED BY
Consent November 21, 2011 ustin Femrite, Ci En ~ eer
ITEM DESCRIPTION REVIEWED By
2011 Street Improvement Pay Estimate 3 Cal Portner, Ci 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
PAY EST. # CONTRACTOR
Redstone Construction
AMOUNT
$349,431.85
ATTACHMENTS
^ Pay estimate as referenced above
Action Motion by Second by Vote
FOIIOW Up
P U II E It E II 6~
~AU
CONTRACTOR'S PAY REQUEST
2011 STREET IMPROVEMENTS
CITY OF ELK RIVER
8M1 PROJECT N0. R13.103354
CONTRACTOR
OWNER
ENGINEER
TOTAL, COMPLETED WORK TO DATE ....................................................................................... $ 1,270,251.26
TOTAL, STORED MATERIALS TO DATE ...................................................................................... $0.00
DEDUCTION FOR STORED MATERIALS USED IN WORK COMPLETED ..................................... $0.00
TOTAL, COMPLETED WORK & STORED MATERIALS ................................................................ $ 1,270,251.26
RETAINED PERCENTAGE ( 5.0% ) ...................................................................................... $ 63,512.56
TOTAL AMOUNT OF OTHER PAYMENTS OR (DEDUCTIONS) .............................................. $
NET AMOUNT DUE TO CONTRACTOR TO DATE ....................................................................... $ 1,206,738.69
TOTAL AMOUNT PAID ON PREVIOUS ESTIMATES .................................................................. $ 857,306.84
PAY CONTRACTOR AS ESTIMATE NO. 3 ............................................. $ 349,431.85
Certificate for Partial Payment
i hereby certify that, to the best of my knowledge and belief, ail items quantities 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 the
contract amount for the period covered by this Estimate. .
Contractor. Redstone Construction
P.O. Box 218
Mora, MN 55051
.. __ _ Tifin rTata
CHECKED AND APPROVED AS TO QUANTITIES AND AMOUNT:
BOLTON & MEN}fij INC., ENGINEERS, 7533 Sunwood Drive, Suite 206 Ramsey, MN 55303
gy ~ ~~/~'/'r~. CITY ENGINEER ~ 1 ^I ~ y'
APPROVED FOR PAYMENT:
Owner. Elk Rlver, Minnesota
By
Title Date