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4.3. SR 09-16-2013 �i EOty lk Request for Action River To Item Number Mayor and City Council 4.3 Agenda Section Meeting Date Prepared by Consent September 16, 2013 Justin Femrite, City Engineer Item Description Reviewed by 2013 Street Improvements,Pay Estimate 3 Cal Portner, City Administrator Reviewed by Action Requested Approve by motion, the pay estimate as described below. Background/Discussion Listed below is a pay estimate that has been submitted for approval. Staff has reviewed this pay estimate and finds it to be accurate and in accordance with the contract documents. Financial Impact PROJECT PAY EST. # CONTRACTOR AMOUNT 2013 Street Improvements 3 Hardrives,Inc. $393,518.38 Attachments ■ Pay Estimate 3 p 0 W I R I I a ATURE Pay Voucher Page 1 of 6 Owner:City of Elk River Date: 9/5/2013 13065 Orono Pkwy Elk River,MN 55330-0490 W For Period:8/6/2013 to 912/2013 Request No.: 3 Contractor:Hardrives,Inc.(Rogers) , ► 14475 Qujram Drive icisJGtes. Rogers,MN 55374 Pay Voucher ELKRI-2013 Street Reconstruction Client Contract No.: Project No.:01992-01 Client Project No.: Project Summary 1 Original Contract Amount $3,248,884.16 2 Contract Changes-Addition $0.00 3 Contract Changes-Deduction $0.00 4 Revised Contract Amount $3,248,884.16 5 Value Completed to Date $1,818,129.17 6 Material on Hand $0.00 7 Amount Earned $1,818,129.17 8 Less Retainage 5%u $90,906.46 9 Subtotal $1,727,222.71 10 Less Amount Paid Previously $1,333,704.33 11 Liquidated Damages $0.00 12 AMOUNT DUE THIS PAY VOUCHER NO.3 $393,518.38 THIS IS TO CERTIFY THAT THE ITEMS OF WORK SHOWN IN THIS CERTIFICATE OF PARTIAL PAYMENT HAVE BEEN ACTUALLY FINISHED FOR THE WORK COMPRISING THE ABOVE MENTIONED PROJECTS IN ACCORDANCE WITH THE PLANS AND SPECIFICATIONS HERETOFORE APPROVED. Recommended for Approval by: Construction Observer: WSB AsskContractor. `-�"}��,- �� roved b 4�p�provetdby Owner: ardrjves,I City of Elk River 'L _ _ Specified Contract Completion Date: Date: 9/3012013 Comment: