TO: Mayor and City Council
FROM: Greg Ruddy, Director of Public Works
SUBJECT:
title
Change Order No. 1 for the Parks Avenue (Liberty Street - Elwood Avenue) Roadway Project to PT Ferro Construction Co. for a Decrease in the Amount of ($104,468.51) and Payment Estimate No. 3 and Final in the Amount of $17,957.61
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BACKGROUND:
On Tuesday, September 20, 2022, the Mayor and City Council awarded the Parks Avenue (Liberty Street - Elwood Avenue) Roadway Improvement Project, in the amount of $622,221.48, to PT Ferro Construction Co.
The Public Service Committee will review this matter.
CONCLUSION:
This project has been completed, inspected, and accepted by the Department of Public Works. Change Order No. 1, for a decreased amount of ($104,468.51), is the result of the following items:
1) Deduction of the quantity for Rock Excavation that was not encountered.
2) Deduction of the quantity for Unsuitable Material Removal and Replacement that was not encountered during roadway excavation.
3) Balancing of final quantities.
Funds will be credited for this project to the Water & Sewer Improvement Fund (Org 50180012, Object 557200 ($104,468.51)).
Also, included is Payment Estimate No. 3 and Final, in the amount of $17,957.61, on behalf of PT Ferro Construction Co.
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council take the following actions:
1) Approve Change Order No. 1, a decreased amount of ($104,468.51).
2) Approve Payment Estimate No. 3 and Final, in the amount of $17,957.61, on behalf of PT Ferro Construction Co.
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