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HomeMy WebLinkAbout4E - Final Payment for Project 96-16 CONSENT AGENDA #: PREP ARED BY: SUBJECT: 4E JEFF EVENS, ENGINEERING TECHNICIAN IV CONSIDER APPROVAL OF FINAL PAYMENT FOR PROJECT 96-16 PARKS TRAILS AND PARKING LOT IMPROVEMENTS DATE: SEPTEMBER 2, 1997 INTRODUCTION: The purpose of this agenda item is to request the City Council to authorize the final payment of $22,138.44 to McNamara Contracting, Inc. for the contract for Project 96- 16 Parks trails and parking lots. DISCUSSION: The original contract amount for this contract was $101,042.75. Payment number 1 was issued on November 6, 1996 in the amount of $78,820.35 combined with this final payment of $22,138.44 the total project cost is $100,958.79. ISSUES: The staff worked hard to assure that the final contract amounts for these projects were as close as possible to the original contract amount. By utilizing the Engineering Department for construction observation and administration, the project was closely monitored to prevent any cost over-runs. Engineering staff were also used to reduce the cost of the project by doing all of the surveying, design, and bidding for this project. Payment of these final project amounts initiates a twelve month guarantee period for the construction work, which is secured by a performance bond. The performance bond shall remain in full force and effect through the one year guarantee period. 16200 Eagle Creek Ave. S.E.. Prior Lake. Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 G:\AGENDA97\9616FlN.DOC AN EQUAL OPPORTUNIlY' EMPLOYER AL TERNA TIVES: The alternatives are as follows: 1. Approve the Final Pay Voucher for $22,138.44 to McNamara Contacting, Inc. which will pay the project in full. 2. Table this item for specific reason. RECOMMENDATION: The recommendation is to approve alternative No. 1. ACTION REQUIRED: Make a motion to approve the final payment as recommended. Boyles, City Manager G:\AGENDA97\9616FIN.DOC CONSTRUCTION PAYMENT VOUCHER Estimate Voucher No. FINAL For Period Ending: Julv 3 L 1997 Date: August 21.1997 Project Number: 96-16 Class of Work: Parks Trails and Parking Lot Improvments For: City of Prior Lake To: McNamara Contracting, Inc 5001 160th Street Rosemont , MN 55068 A. Original Contract Amount $ 101,042.75 B. Total Additions $ 0 C. Total Deductions $ 0 D. Total Funds Encumbered $ 101,042.75 E. Total Value of Work Certified to Date $ 100,958.79 F. Less Retained Percentage 0 % $ 0 G. Less Total Previous Payments $ 78.820.35 H. Approved for Payment, This Report $ 22.138.44 1. Total Payments Including This Voucher $ 100,958.79 J. Balance Carried Forward $ 0 APPROV ALS Pursuant to our field observation, as performed in accordance with our contract, we hereby certify that the materials are satisfactory and the work properly performed in accordance with the plans and specifications and that the total work is 100 % completed as of, Julv 31 , 1997, I hereby recommend 2e~t of this voucher. Project Engineer Approval: A 'f'/.L;<7~ ~ ~/ '7' """ This is to certify that to the best of my knowledge, information, and belief, the quantities and values of work certified herein is a fair approximate estimate for the period covered by this voucher. , Contractor: MCNA\(4A~'f\ Corl-~~ ~NC. Signed By: f {Ii ;;11 )i~G{1tt.t.1,1/(,f({ Date: tqlz,z../97 Title: -f}~Aittfi.d CITY\{f~ APprove~~~~ V oucher Checked By Authorized Representative Date: efzfjp7 Date: "f"'h.s1 ~7 VOUCH2.DOC