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Page 1 of 2 <br /> <br />DATE: July 13, 2015 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: John Anderson, Assistant City Engineer <br /> <br />SUBJECT: 2015 Pavement Management Program (PMP) <br />Pay Estimate #2 <br /> <br />Requested Action <br /> <br />Approve Payment #2 to Valley Paving, Inc. in the amount of $489,333.18 for the 2015 PMP <br />Improvements. <br /> <br />Background <br /> <br />The City Council awarded the 2015 PMP Improvements to Valley Paving, Inc. on May 4, 2015, <br />in the amount of $3,826,471.88. <br /> <br />Discussion <br /> <br />This first pay request includes work through June 26, 2015. Five percent is being withheld from <br />the work completed according to the contract documents. The payment is in the amount of <br />$489,333.18. Major items of work for this payment are: <br /> <br /> curb and gutter and base bituminous (Grant/Noble) <br /> water main replacement (Venus/Crystal) <br /> storm sewer (both areas) <br />CONSENT ITEM – 5D <br /> <br /> <br />MEMORANDUM <br />