The actions before the council are the approval of the final Change Order, the acceptance of the Certificate of Completion, passage of a Resolution accepting the public improvements and approval of the retainage payment to Quam Construction Company, Inc., on the SW District Drive & SW Merchant Street project.
The SW District Drive & SW Merchant Street project is now complete. A series of actions are needed in order to close out this construction project:
a) Approval of the Final Change Order #3 decreasing the contract amount by $91,329.49.
b) Engineer's Certificate of Completion: The attached Certificate of Completion from the project engineer states that the work performed was in substantial conformance with the plans and specifications and that the final contract amount is $1,436,957.36.
c) Resolution accepting the Public Improvements: This Resolution approves and adopts the Engineer's Certificate of Completion on the SW District Drive & SW Merchant Street project and establishes the final contract amount to be $1,436,957.36.
d) Retainage Payment: Quam Construction Company, Inc. = $7,633.19
It is recommended that the retainage payment be approved for payment 31 days from the date of acceptance of the project, in accordance with the terms of the contract. |