Title
Action on Resolution 18-073, a Resolution authorizing Change Order No. 1 (Final) for 2018-06STI, Chip Seal Project; Topkote, Inc.
Body
Summary:
This resolution will approve Change Order No. 1 (Final) for 2018-06STI, Chip Seal Project with Topkote, Inc. for a total decrease of $48,989.12 to the contract to close out the project.
Background:
This project is the Chip Seal Project for the 2018 Project Area, which is located south of 8th Street South and east of Medary Avenue. This is an annual project, where the contractor applies oil and city-purchased pea rock chips to the streets. The City sweeps up the excess chips a few days afterward for re-use or sale.
The project has been completed and is ready to be closed out. This change order will adjust plan quantities to current as-constructed quantities for a total decrease of $48,989.12 to the contract to close out the project. The reduction in cost was due to chip sealing fewer streets than the bid quantity and deleting one street from the project to perform an asphalt overlay instead of a chip seal. The summary is as follows:
Original Contract Price: $259,114.80
Increase from Previously Approved Change Orders: $0.00
Contract Price Prior to this Change Order: $259,114.80
Decrease of this Change Order (No. 1 Final): $48,989.12
Contract Price incorporating this Change Order: $210,125.68
Fiscal Impact:
There will be a decrease of $48,989.12 to the contract for this project.
Recommendation
Recommendation:
Staff recommends approval.
Body2
Attachments:
Resolution