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<br />CONSENT ITEM – 5J <br /> <br /> <br /> MEMORANDUM <br /> <br />DATE: October 23, 2017 <br /> <br />TO: Honorable Mayor and City Councilmembers <br /> William S. Joynes, Sr., City Administrator <br /> <br />FROM: Sue Polka, Public Works Director/City Engineer <br /> <br />SUBJECT: Lift Station #11 Rehabilitation Final Payment #4 <br /> <br /> <br />Budgeted Amount: Actual Amount: Funding Sources: <br />$214,250.00 $213,799.04 Sanitary Sewer Utility Fund <br /> <br />Requested Action <br />Approve Final Payment #4 to Pember Companies, Inc. in the amount of $39,462.43 for <br />the Lift Station #11 Rehabilitation Project. <br /> <br />Background <br />The City Council awarded the Lift Station #11 Rehabilitation Project to Pember <br />Companies, Inc. on April 25, 2016, in the amount of $214,250.00. The final contract <br />amount is $213,799.04. <br /> <br />Discussion <br />The work performed for payment with this pay estimate includes site restoration and the <br />release of the 5% retainage. Final payment #4 is in the amount $39,462.43. The <br />Contractor has provided all necessary closeout documentation. Bolton & Menk has <br />provided a letter (Attachment A) recommending approval of the final payment. <br /> <br />Financial Implications <br />With the final payment, the total amount paid to the contractor is $213,799.04 which is <br />$450.96 under the awarded contract amount. <br /> <br />Attachments <br /> <br />Attachment A: Bolton & Menk letter <br />Attachment B: Final Payment Estimate #4