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Shakopee City Council
April 21, 2020
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| | | | | | | | | FROM: | Ryan Halverson, Assistant City Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
2019 Pavement Mill and Overlay Project | | |
| | | | | | | | Policy/Action Requested:
Approve Resolution R2020-043, accepting work on the 2019 Pavement Mill and Overlay Project CIF-19-002 and authorizing final payment in the amount of $23,672.46. | | |
| | | | | | | | Recommendation:
Approval of Resolution R2020-043. | | |
| | | | | | | | Discussion:
On May 21, 2019, City Council adopted Resolution R2019-057 accepting the bids and awarding the contract for the 2019 Pavement Mill and Overlay Project to Northwest Asphalt, Inc., of Shakopee, 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 $1,970,374.55 with actual final costs of $1,906,364.73. All required project documentation has been received and is compliant. The project will be closed out upon issuance of final payment to Northwest Asphalt, Inc., in the amount of $23,672.46. | | |
| | | | | | | | Budget Impact:
The total final project amount is $2,005,327.99. This project is funded by the Capital Improvement Fund (CIF), Storm Drainage Fund, Sanitary Sewer Fund and Shakopee Public Utilities. The following table provides a summary of the costs and funding amounts comparing the estimated bid award budget versus the final project costs:
|
Bid Award Estimated |
Final Project Costs |
| COSTS |
|
|
| Construction Cost |
$ 1,970,374.55 |
$ 1,906,364.73 |
| Contingency |
$ 85,000.00 |
$ 0.00 |
| Subtotal |
$ 2,055,374.55 |
$ 1,906,364.73 |
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|
|
| Eng/Admin/Legal |
$ 124,000.00 |
$ 98,963.26 |
| Total Estimated Project Cost |
$ 2,179,374.55 |
$2,005,327.99 |
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|
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|
| FUNDING |
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|
| Capital Improvement Fund |
$ 2,114,374.55 |
$ 1,913,706.09 |
| Sanitary Sewer Fund |
$ 20,000.00 |
$ 46,071.26 |
| Storm Drainage Fund |
$ 20,000.00 |
$ 18,412.63 |
| Shakopee Public Utilities |
$ 25,000.00 |
$ 27,138.01 |
| Total Funding |
$ 2,179,374.55 |
$ 2,005,327.99 |
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