3.9. SR 03-19-2001C~ty of
River
MEMORANDUM
Item #3.9
TO:
FROM:
DATE:
SUBJECT:
Mayor & City Council
Lori Johnson, Finance Director
March 19, 2001
Pay Estimates
Attached is a pay estimate for the Eastern Area Phase III street and utility
public improvement project. The city engineer has reviewed the pay estimate
and recommends approval.
CONTRACTOR
PAYMENT
REQUEST
RETAINAGE
Pay Estimate #5 - Eastern Area Phase III Improvements
Hardrives, Inc. $ 41,692.44 $ 43,053.76
Action Requested
The City Council is asked to approve the pay estimate as listed above.
13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone (763) 441-7420 · Fax (763) 441-7425
FROM:
TO:
CONTRACTOR:
ADDRESS:
OWNER:
PROJECT:
PARTIAL PAYMENT ESTIMATE
NO. 5
NOVEMBER 29. 2000
JANUARY ;'6, 2001
HARDRIVES, INC.
14475 QUIP, AM DRIVE
CITY OF ELK RIVER, MINNESOTA
EASTERN AREA PHASE 111 STREET AND UTILITY IMPROVEMENTS
COMPLETION DATE
ORIGINAL:
REVISED:
Octo0er 25, 2000
AMOUNT OF CONTRACT
ORIGINAL; $847,023.37
REVISED:
BID SUMMARY
SCHEDULE 1.0 MAIN STREET EAST OF TH 169 - TOTAL
SCHEDULE 2.0 MAIN STREET WEST OF TH 169 - TOTAL
SCHEDULE 4.0 CARSON STREET TO RAILROAD TRACKS
SCHEDULE 5.0 TIME AND MATERIAL - TOTAL
TOTAL BID SUMMARY THIS PERIOD
TOTAL RID SUMMARY TO DATE
TOTAL THIS PERIOD
$7,359.30
$1,146.50
$10,078.15
25,302.83
$43,886.78
$43,886.78 $861,075.27
AMOUNT RETAINED $2,194.34 $43,053.78
MATERIAL ON SITE $0.00 $0.00
MATERIAL DEDUCT. $0.00 $0.00
PREVIOUS PAYMENTS ........................... $776,329.06
AMOUNT DUE $41,692.44 $41,692.44
TOTAL TO DATE
$475,187.26
$123,216.50
$237,368.68
25,302.83
$861,075.27