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HomeMy WebLinkAbout 6F CR 21 Watermain Replacement Final Pay Report Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com 4646 Dakota Street SE Prior Lake, MN 55372 CITY COUNCIL AGENDA REPORT MEETING DATE: JANUARY 9, 2017 AGENDA #: 6F PREPARED BY: KATY GEHLER, PUBLIC WORKS/NATURAL RESOURCES DIRECTOR PRESENTED BY: KATY GEHLER AGENDA ITEM: CONSIDER APPROVAL OF A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO NORTHDALE CONSTRUCTION FOR THE COUNTY ROAD 21 WATERMAIN REPLACEMENT (WTR15-000003) DISCUSSION: Introduction The purpose of this item is to authorize full and final payment for the County Road 21 Watermain Replacement Project. History Northdale Construction completed the CR 21 Watermain Project (WTR15- 00003) in accordance with the construction contract awarded by Council on March 23, 2015. All work is completed including punch list items and the Public Works Director is recommending acceptance of the improvements and release of final retainage. Current Circumstances The final payment amount is $9,058.20. With this payment, the total final contract amount paid to Northdale Construction will be $181,163.98 the 2,028.42 less than the awarded contract amount. The difference is due to field quantity adjustments. The final pay request is attached. Conclusion Northdale Construction delivered the project within the project specifications and budget and has addressed all outstanding work items. It is appropriate to provide full and final payment at this time. ISSUES: Retainage is being released with this final payment in accordance with the Contract. This payment in addition to the previous payments represents 100% of the current contract amount. FINANCIAL IMPACT: Funds are available in the Water Fund. ALTERNATIVES: 1. Approve a resolution as part of the consent agenda authorizing full and final payment to Northdale Construction for the County Road 21 Watermain Replacement Project (WTR15-00003) 2. Remove this item from the consent agenda for additional discussion. RECOMMENDED MOTION: Alternative #1. 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 17-___ A RESOLUTION AUTHORIZING FULL AND FINAL PAYMENT TO NORTHDALE CONSTRUCTION COMPANY INC, FOR THE 2015 COUNTY ROAD 21 WATERMAIN REPLACEMENT PROJECT Motion By: Second By: WHEREAS, Northdale Construction Company, Inc. was awarded a contract in the amount of $183,192.40 for the 2015 County Road 21 Watermain Replacement Project; and WHEREAS, Northdale Construction Company, Inc. has in all repsects completed the contract work for the 2015 County Road 21 Watermain Replacement Project for a total amount of $181,163.98; and WHEREAS, The Public Works Director recommends acceptance of the project and Final Payment of the contract. NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. Full and finaly payment is hereby authorized to be made to Northdale Construction Inc in the amount of $9,058.20 for a total contract amount of $181,163.98 for the 2015 County Road 21 Watermain Replacement Project. 3. Funding for the final payment shall come from Water Fund. Passed and adopted by the Prior Lake City Council this 9th day of January, 2017 VOTE Briggs McGuire Thompson Braid Burkart Aye ☐ ☐ ☐ ☐ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☐ ______________________________ Frank Boyles, City Manager