Loading...
4.3. SR 03-16-2015Request for Action To Item Number Mayor and City Council 4.3 Agenda Section Meeting Date Prepared by Consent March 16, 2015 Justin Femrite P.E., City Engineer Item Description Reviewed by Pay Estimate Tim Simon, Finance Director Reviewed by Cal Portner, City Administrator Action Requested Approve, by motion, the pay estimate as detailed below Background /Discussion The following pay estimate reviewed and found to be accurate and in accordance with the approved contract. Financial Impact PROJECT PAY EST. # CONTRACTOR WWTF Improvements 4 Rice Lake Construction Group Attachments ■ Pay Estimate for Wastewater Treatment Facility Improvements AMOUNT $305,505.78 P O W€ n E o ®a r ATUf� Contractor's Application For Payment No, 4 Application Pedod To: 2127/2015 Appllcat3on Date: 31212015 To (Owner): City of Elk River I From (Contractor): Rice Lake Construction Group Via (Engineer): Balton & Menk, Inc. aciilty Improvements 2014 Appllcatlon for Payment Change Order Sum Approved Change Number 1. ORIGINAL CONTRACT PRICE 2. Not change by Change Orders 3. CURRENT CONTRACT PRICE (Line t t 2) 4. TOTAL COMPLETED AND STORED TO DATE (Column F on Progress Estimate) S. RETAINAGE: a. 8% X $2,878,601.87 Work Completed b. 8% X $0100 Stored Materials c. Total Retalnaga (Line 6a + Line Sb) 8. AMOUNT ELIGIBLE TO DATE (Line 4 - Line 6c) 7. LESS PREVIOUS PAYMENTS (Line 9 tom prior Application) $16,525,200.00 $0.00 $16,525,200.010 $2,878,601.87 $143,930.09 $0.00 $143,930.09 $2,734,671.78 $2,429,186.00 TOTALS $0.00 $0.00 8. AMOUNT DUE THIS APPLICATION $306,606.78 9. BALANCE TO FINISH, PLUS RETAINAGE NET CHANGE BY (Column G on Progress Estf mate + Llne 8 above) $13,790,528.22 CHANGE ORDERS $tl.00 Contractor's CerUflcatlon $305,505.78 The undersigned Conuador oeroea that: (1) all previous progress Payment of payments received from Owner on account of Work done under the (Line 8 or other - act explanation of other amount) Coract have been applied on account to discharge Cantractor'e m Iegiimats obligallons Incurred in connection with Work covered by prior Applitatlons for Payment, (2) title of ell WorK materials and eyulpment Is racommanded by: Mar. 5 2015 Inmrporemd In said VVorx or otherwise Ilatetl In or covered try this , Application for Paymerd will pass to Owner of lima of payment free and (Engineer) (Date) clear of all `,fens, security Interests and enaanbrenom (except such as are covered by a Bond acceptable to Owner indemnifying Owner against any Q+ $305,505.78 such Liens, security Intsreat or encumbrances); and (3) all Work covered Payment of: by this Application for Payment Is in accordance with the Contract (Line 8 or other - attach explanation of outer amourd) Documents and Is not defective. is approved by. (Finance Director) (Date) 13y: Date: Approved by. 'w .3/.z l5 Funding Agency (If applicable) (Date) rJCDC No. C420 (2M BdW..) 7rrpa.. try IM Irnahrern' Joie! Cwlract Det.menv Cemralaee aid todened tfy Ore Metraled C.+.r.l Coeeetran Of Artrrtem mad UK C—h mr j "Sp-I t.eani T..t&&,