The actions before the council are the acceptance of the Certificate of Completion, passage of a Resolution accepting the public improvements, and approval of the final and retainage payment to J. Peddiecord, Inc. on the Deer Creek Trunk Sewer Extension - Clearing & Grubbing Project.
The Deer Creek Trunk Sewer Extension - Clearing & Grubbing Project is now complete including all final punch-list items. A series of actions are needed in order to close out this construction project:
1. 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 $68,400.00.
2. Resolution accepting the public improvements: This resolution approves and adopts the engineer's Certificate of Completion on the Deer Creek Trunk Sewer Extension - Clearing & Grubbing Project and establishes the final contract amount to be $68,400.00.
3. Final Payment: J. Peddiecord, Inc. = $0.00
Retainage Payment: J. Peddiecord, Inc. = $3,420.00
It is recommended that the retainage payment on the project be approved for payment 31 days from the date of acceptance of the project, in accordance with the terms of the contract. |