3.3. SR 01-26-2004 - Laserfiche WebLink

Home Browse Search

TO: FROM: DATE: SUBJECT: MEMORANDUM Mayor and Council Lori Johnson, Finance Director January 26, 2004 Pay Estimates *Item 3.3.* Attached are pay estimates for the Public Safety and City Hall building projects. These pay estimates have been revie~ved and approved by Kraus-Anderson and Tushie Montgomery. The pay estimate for the public safety building includes two reimbursements to Kraus- Anderson for the purchase of exterior parking and traffic signage; this signage was not included in any of the original bid packages approved by Council. The total reimbursement for signage is $2,661.86. Further, Kraus-Anderson has requested payment in full for its contract on the public safety building. However, this project is not complete; therefore retainage should be withheld until the project is complete. It is estimated that the project is around 95 percent complete. For that reason, IG:aus-Anderson's payment (excluding the signage reimbursement) has been reduced from $26,553.00 to $5,756.20 which represents payment for 95 percent of the contract. This will leave the City with retainage of $20,796.80. Pay Est. Project No. Contractor Amount Public Safety Facility 17 Various $ 185,571.65 City Hall Expansion 17 Various 130,870.87 Action Requested The City Council is asked to approve the pay estimates with the reduction in payment to I~aus-Anderson as stated above. (The check to Kraus-Anderson that is included in the check register will be voided and reissued in the reduced amount.) If the Council disagrees with the above recommendation and wants to issue payment in full to I~:aus-Anderson as requested by ICraus-Anderson, this item should be removed from the consent agenda for discussion and action.