| | | | | | | |  Shakopee City Council AugustĀ 21, 2018
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| | | | | | | | | FROM: | Ryan Halverson, Assistant City Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject: Accept Work on the 2017 Bituminous Overlay Improvements Project 2017-2. | | |
| | | | | | | | Policy/Action Requested:
Approve Resolution R2018-089, accepting work on the 2017 Bituminous Overlay Improvement project 2017-2 and make final payment of $50,561.14. | | |
| | | | | | | | Recommendation:
Approve Resolution R2018-089. | | |
| | | | | | | | Discussion:
On April 4, 2017, City Council adopted Resolution 7885, a resolution accepting the bids and awarding the contract for the 2017 Bituminous Overlay Project to Wm Mueller & Sons of Hamburg, Minnesota.
All of the improvements have been constructed in accordance with the contract documents. Attached is the Certificate of Completion showing the original contract amount of $1,152,305.71 and the actual final contract costs of $989,420.39. The remaining amount left to pay is $50,561.14, which was held as retainage. | | |
| | | | | | | | Budget Impact:
The total final project amount is $1,038,230.07. This total includes the final construction cost of $989,420.39 and engineering/administration/legal costs amounting to $48,809.68.
This project is funded by the Capital Improvement Fund (CIF), Storm Drainage Fund, Sanitary Sewer Fund, and Shakopee Public Utilities Water Fund as follows:
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Project Completion
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Capital Improvement Fund
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$1,006,974.07
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Sanitary Sewer Fund
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$ 8,995.00
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Storm Sewer Fund
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$ 8,995.00
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Shakopee Public Utilities
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$ 13,266.00
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Total Costs
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$1,038,230.07
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