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Shakopee City Council
May 5, 2020
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| | | | | | | | | FROM: | Ryan Halverson, Assistant City Engineer | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
2018 Trail Rehabilitation Project CIF-18-001 and 2018 Trail Overlay PA-18-01 | | |
| | | | | | | | Policy/Action Requested:
Approve Resolution R2020-055, accepting work on the 2018 Trail Rehabilitation Project CIF-18-001 and the 2018 Trail Overlay Project PA-18-01 and make a final payment of $47,183.70 to Northwest Asphalt, Inc. | | |
| | | | | | | | Recommendation:
Approve Resolution R2020-055. | | |
| | | | | | | | Discussion:
On June 19, 2018, City Council adopted Resolution R2018-071 accepting the bids and awarding the contract for the 2018 Trail Rehabilitation Project and 2018 Trail Overlay 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 $257,128.85 with actual final costs of $263,160.45. 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 $47,183.70. | | |
| | | | | | | | Budget Impact:
The total final project amount is $283,933.02. This total includes the final construction cost of $263,160.45 and engineering/administration/legal costs amounting to $20,772.57. This project is funded by the Capital Improvement Fund (CIF), and the Park Asset Internal Service Fund as follows:
|
Bid Award Estimated |
Final Project Costs |
| COSTS |
|
|
| Construction Cost |
$ 257,128.85 |
$ 263,160.45 |
| Contingency |
$ 12,856.44 |
$ 0.00 |
| Subtotal |
$ 269,985.29 |
$ 263,160.45 |
|
|
|
| Eng/Admin/Legal |
$ 26,998.53 |
$ 20,772.57 |
| Total Estimated Project Cost |
$ 296,983.84 |
$ 283,933.02 |
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|
|
|
| FUNDING |
|
|
| Capital Improvement Fund |
$ 236,983.84 |
$ 223,933.02 |
| Park Asset Fund |
$ 60,000.00 |
$ 60,000.00 |
| Total Funding |
$ 296,983.84 |
$ 283,933.02 |
The 2018 CIP Budget for the project was $260,000 from the Capital Improvement Fund and $60,000 from the Park Asset Fund. | | |
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