5.9. SR 08-21-2006 - Laserfiche WebLink

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II. METHOD The County shall cause the construction of Sherburne County Project Number S.P. 71-596-04 in conformance with said plans and specifications. The County shall do the calling for all bids and the acceptance of all bid proposals. III. COSTS The contract costs of the work, or if the work is not contracted, the cost of all labor , materials, normal engineering costs and equipment rental required to complete the work, shall constitute the actual "construction costs" and shall be referred to herein. "Estimated costs" are good faith projections of the costs, which will be incurred for this project. Actual costs may vary and those will be the costs for which the relevant parties will be responsible. The estimated construction cost of the total project is $2,153,000 (Two Million One Hundred Fifty- Three Thousand Dollars). Federal funds available for the project are capped at $719,104, whicll will be applied entirely for County costs. Above that amount, the County will pay an estimated amount of $1,433,896 (One Million Four Hundred Thirty-Three Thousand Eight Hundred Ninety-Six Dollars) to cover the remainder of the County's portion of the project. The County will pay the cost for all roadway grading, paving, access road and driveway replacements and/or improvements, intersection improvements, and drainage systems (including half (50%) of the cost of the storm sewer). The City shall pay the entire cost of utilities, including any water and sanitary sewer, curb and gutter, the cost of constructing any trails on or adjacent to the County's roadway easement, and half (50%) of the cost of the storm sewer. The estimated total cost for the City's portion of the project is $650,000 (Six Hundred Fifty Thousand Dollars). The County will provide construction staking, construction observation, and contract administration for the project. The City will provide construction observation/oversight for the water main, sanitary sewer, and curb and gutter portions of the project. Upon award of the contract, the City shall pay to the County, upon written demand by the County, ninety-five percent (95%) of its portion of the cost of the project estimated at 617,500 (Six Hundred Seventeen Thousand Five Hundred Dollars). The City's share of the project shall include only construction and construction engineering expense and does not include any administrative expenses incurred by the County. Upon final completion of the project, the City's share of the construction cost will be based upon the actual construction costs. If necessary, adjustments to the initial ninety-five percent (95%) charged will be made in the form of credit or additional charges to the City's sllare. Also, the remaining five percent (5%) of the City's portion of the construction costs shall be paid.