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Page 1 of 1 <br /> <br />DATE: May 31, 2015 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Sue Iverson, Acting City Administrator <br /> <br />FROM: John Anderson, Acting Public Works Director <br /> <br />SUBJECT: 2015 Sewer Lining - Pay Estimate #3 (Final) <br /> <br />Requested Action <br /> <br />Approve Payment #3 (Final) to Hydro-Klean Inc. in the amount of $46,053.17 for the 2015 <br />Sewer Lining project. <br /> <br />Background <br /> <br />The City Council awarded the 2015 Sewer Lining to Hydro-Klean Inc. on April 13, 2015, the <br />original contract amount is $507,465.50. <br /> <br />Discussion <br /> <br />This third pay request includes work through April 12 2016. The contractor has completed all <br />work and provided close out documents. The final payment is in the amount of $46,053.17. <br />Total work completed in the contract amounted to $490,287.82 or 96.6% of the original contract <br />amount. <br /> <br />Financial Implications <br /> <br />The following breakdown shows the funding sources and the amounts for the contract. <br /> <br />Funding Source Amount <br />Surface Water Management $ 9,894.00 <br />Sanitary Sewer Utility $ 480,393.82 <br />Total $ 490,287.82 <br />Attachments <br /> <br />Attachment A: Payment Estimate #3 <br />CONSENT ITEM – 5E <br /> <br /> <br />MEMORANDUM <br />