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REQUEST FOR COUNCIL ACTION DATE: 4/24/00 ITEM NO.: G-1 Department ApprovaL• Manager Reviewed: Agenda Section: �`-�'� � Consent • Item Description: Final contract acceptance of 1997 Contract A, City Project P-97-03 Background: 1997 Contract A, City Proj ect P-97-03 consists of North McCarrons Boulevard, Rice Street to Roselawn Avenue South McCarrons Boulevard, Rice Street to Roselawn Avenue Roselawii Avenue, McCarrons Boulevard to Dale Street The contract for this work was awarded to T. A. Shifsky & Sons, Inc., North St. Paul, Minnesota on Apri128, 1997. The attached Council Action Form details project financing and schedule. These projects were constructed during the summer of 1997 and completed in 1998. Final punch list �items have been completed, and the contractor has requested final payment. Policy objectives: City policy requires that the following items be completed to finalize a construction contract: ❑ , A project summary sheet detailing costs and schedule. ❑� Certification from the City Engineer verifying that all of the work has been completed in accordance �vith-plans and specifications. ❑ A resolution by the City Council accepting the contract and beginning the one-year warranty. Financial implications: The work performed on this contract was part of the 1997 Pavement Management Program. The cost of this contract has been financed as outlined in the feasibility report approved by the City Council on January 27, 1997. The final contract amount, $2,731,979.28 is $707565.5 1- greater than the awarded amount of $2024,414. -This represents an overrun of approximately 35%. 16.22% of this overrun was due to the 3 change orders, totaling $328,474.38. The change orders covered costs associated with retaining walls, project redesign and additional landscaping.