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11.G.1. CR -510 AND US#1 INTERSECTION IMPROVEMENTS - <br />CHANGE ORDER #2. FINAL PAYMENT AND RELEASE <br />OF RETAINAGE - RANGER CONSTRUCTION <br />The Board reviewed a Memorandum of November 10, 1999: <br />TO: James Chandler <br />County Administrator <br />THROUGH: James W. Davis, P.E. <br />Public Works Directo <br />FROM: Terry B. Thompson, P. <br />Capital Projects Manager <br />SUBJECT: CR 510 and US 1 Intersection Improvements <br />Change Order No. 2 <br />Final Payment and Release of Retainage <br />DATE: November 10, 1999 <br />DESCRIPTION AND CONDITIONS <br />Construction of intersection improvements at CR 510 and US 1 is complete. Ranger <br />Construction Industries, Inc. is requesting final payment and release of retainage in the <br />amount of $109,722.18. <br />The attached Change Order No. 2 adjusts quantities to the actual in place completed <br />quantities. The majority of the increases in this change order resulted from delays and <br />design modifications that were caused by utility conflicts. The deducts reflect actual <br />quantities that deviated from original plan quantities. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends approval of the attached Change Order No. 2 in the amount of <br />$25,302.57. This added to the current contract amount of $484,168.90, results in a new <br />contract amount of $509,471.47. <br />The final contract amount is 11 % higher than the original contract amount and 18% lower <br />than the second bidder on this project. Funding is from Account #101-154541-067.36. <br />NOVEMBER 16, 1999 <br />-139- Boa <br />