HomeMy WebLinkAbout6.h. Payment 2 & Final – 2015 Micro-surfacing ProjectI:\City Clerk\Agenda Items\Approved Items\6.h. Payment 2 & Final – 2015 Micro-surfacing Project.docx
EXECUTIVE SUMMARY
City Council Meeting: October 20, 2015
AGENDA ITEM: Payment 2 & Final – 2015 Micro-surfacing
Project, ENG 0177
AGENDA SECTION:
Consent
PREPARED BY: Patrick Wrase, PE, Public Works Director
/ City Engineer AGENDA NO. 6.h.
ATTACHMENTS: Payment Voucher, Map APPROVED BY: ddj
RECOMMENDED ACTION: Motion to Approve Payment 2 to and Final to Astech Corp. for
2015 Micro-Surfacing Project, ENG 0174 to Astech Corp. and Accepting it for Perpetual
Maintenance
BACKGROUND:
This item is on the agenda to request Payment 2 and Final to Astech Corp. for 2015 Micro-Surfacing,
ENG 0177.
The final construction amount of $69,224.32 is 24.4 % less than the contract amount of $91,562.30. The
reason for the project to come in 24% under budget was because when the project was bid, the quantities
were conservative due to some unknowns, with Micro-Surfacing being a new method for the City.
SUMMARY:
Staff recommends that Council approve Payment 2 and final for the project and accept the project for
perpetual maintenance subject to the following conditions.
1. Satisfactorily showing that the contractor has complied with the provisions of Minnesota Statutes
290.92 requiring withholding state income tax.
2. Evidence in the form of an affidavit that all claims against the contractor by reasons of the
contract have been fully paid or satisfactorily secured.
3. Consent of Surety to Final Payment certification from the contractor’s surety.
4. Two-year Maintenance Bond.