7/14/1998 - Laserfiche WebLink

Home Browse Search

eepy er- „ A n TT T T Y EXECUTED INTER -LOCAL AGREEMENT ON FILE SUB -CONTRACTS OF 5 MUNICIPALITIES ARE ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD 11.G.1. CR512 CORRIDOR IMPROVEMENTS PHASE B - HEWITT CONTRACTING CO.. INC. - FINAL PAY REQUEST AND RELEASE OF RETAINAGE The Board reviewed a Memorandum of June 24, 1998: TO: James Chandler County Administrator THROUGH: James W. Davis, P. . Public Works Direct' r J FROM: Roger D. Cain, P.E. , ,h County Engineer SUBJECT: CR 512 Corridor ImproveMents, Phase B - IRC Project No. 8612B Final Pay Request and Release of Retainage- Hewitt Contracting Co., Inc. DATE: June 24, 1998 DESCRIPTION AND CONDITIONS Indian River County executed the Construction Contract for CR 512 Improvements, Phase B on May 27, 1997. The original contract was for $1,416,545.89. Change Order No. 1 increased the total contract amount by $20,456.51 to $1,437,002.40. The Final Change Order, which is Change Order 2, presented with the Final Pay Request increases the contract amount by $9,195.54 to a total of $1,446,197.94. The Contractor has received $1,060,199.16 to date and is requesting release of retainage for a final payment of $385,998.78. The contractor has submitted the Release of Liens for the project and a payment bond is in effect for this contract. Please note on Change Order No. 1 item #14 was shown as having a unit price of $21.00, this should have been $20.00. All calculations have been made using the corrected net change for Change Order No. 1 of $20,456.51. ALTERNATIVES AND ANALYSIS Alternative No. 1 - Approve the final pay request in the amount of $385,998.78, which includes the balance due, retainage, and Change Order No. 2 and authorize the Chairman to execute Change Order No. 2. Alternative No. 2 - Deny the final pay request and change order. RECOMMENDATION AND FUNDING Staff recommends Alternative No. 1. Funding to be from Account Number 101-153-541-067.71. July 14, 1998 54