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Page 2 of 2 <br /> <br />Five percent is being withheld from the work completed in accordance with the contract <br />documents. Payment No. 1 is in the amount of $314,620.05. Bolton & Menk has provided a <br />recommendation to accept Change Order No. 1 and Payment No. 1 (Attachment A). Staff <br />recommends that Council approve Change Order No. 1 and Payment No. 1. <br /> <br />Budget Impact <br /> <br />Total Construction Expenses: <br /> Original Contract Amount: $2,704,412.10 <br /> Change Order No. 1: $ 4,200.00 <br /> Total: $2,708,612.10 <br /> <br />Other Expenses: <br /> Engineering Design: $ 179,069.00 <br /> Construction Mgmt: $ 191,198.00 <br /> Gen Admin & Legal: $ 85,000.00 <br /> Finance & Interest: $ 60,000.00 <br /> Material Testing: $ 34,888.00 <br /> Const. Contingency: $ 165,000.00 <br /> $ 715,155.00 <br /> <br />Attachments <br /> <br />Attachment A: Bolton & Menk Letter of Recommendation <br />Attachment B: Change Order No. 1 <br />Attachment C: Pay Request No. 1 <br /> <br /> <br />