6.2. & 6.3. SR 03-01-1993 - Laserfiche WebLink

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ITEMS 6.2. & 6.3. TO: MAYOR & CITY COUNCIL \ LORI JOHNSON, FINANCE DIRECTOR ~~ FROM: DATE: FEBRUARY 23, 1993 SUBJECT: FINAL PAY ESTIMATES Final Pay Estimate - Westwood Improvements Attached is a copy of the Final Pay Estimate to Northdale Construction, Inc., for the Westwood Improvement Project. The revised contract total is $835,351.46, which is an increase of approximately $19,000 from the original bid amount of $816,351.46. This was due to additional sanitary sewer and water services and street construction between Albany and Boston. The total amount of the contract at completion is $823,200.32. The Final Pay Estimate is in the amount of $76,179.50. City E~gineer, Terry Maurer, has indicated that there are minor punchlist items which cannot be completed until spring; therefore, the City is withholding $1500.00 from the final paYment until these are completed. . Final Pay Estimate - Elementary School Improvement Proiect The second attachment is a copy of the Final Pay Estimate to S.J. Louis, Inc., in the amount of $56,262.87 for the Elementary School Improvement Project. The original bid was in the amount of $465,424.50, and was later reduced to $435,953.25, because of a change reducing the work on CSAH #1. The final construction amount is $408,030.09 which is an underrun of approximately 6%. Again, on this project there is a minor punchlist item that needs to be corrected; therefore, the City is withholding $1,500.00 from the final paYment. Terry Maurer has inspected the work on both of these projects, reviewed the pay estimates, and recommends paYment to Northdale Construction, Inc., and S.J. Louis, Inc. Staff recommends payment to Northdale Construction, Inc., in the amount of $74,679.50, and paYment to S.J. Louis, Inc., in the amount of $54,762.87. . 720 Dodge Avenue N.W., Elk River, Minnesota 55330 (612) 441-7420