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File #: ID-1978-20    Name:
Type: Change Orders/Pay Estimates /Final Payments Status: Agenda Ready
File created: 12/30/2024 In control: Public Service Committee
On agenda: 1/6/2025 Final action:
Title: Change Order No. 1 for the Wallace Street Roadway Reconstruction Project - MFT Section No. 23-00554-00-FP to PT Ferro Construction Co. a Decrease in the Amount of ($31,403.09) and Payment Estimate No. 6 and Final in the Amount of $35,784.60
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TO:                                           Mayor and City Council

 

FROM:                      Greg Ruddy, Director of Public Works

 

SUBJECT:

title

Change Order No. 1 for the Wallace Street Roadway Reconstruction Project - MFT Section No. 23-00554-00-FP to PT Ferro Construction Co. a Decrease in the Amount of ($31,403.09) and Payment Estimate No. 6 and Final in the Amount of $35,784.60

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BACKGROUND:

On Tuesday, June 20, 2023, the Mayor and City Council awarded the Wallace Street Roadway Reconstruction Project - MFT Section No. 23-00554-00-FP, in the amount of $355,266.54, 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, a net decrease in the amount ($31,403.09), is the result of the following:

 

1.                     Encountering less unsuitable material than anticipated.

 

2.                     Balancing of items completed.

 

Change Order No. 1 reflects a reduction in contribution from the MFT Fund (Org 20090270, Object 557200, ($7,405.13)) and the Water & Sewer funds / Watermain replacement (Org 50180012, Object 557200 ($23,997.96)).

 

Also, included is Payment Estimate No. 6 and Final, in the amount of $35,784.60, 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, for the Wallace Street Roadway Reconstruction Project - MFT Section No. 23-00554-00-FP, a decrease in the amount of ($31,403.09).

 

2.                     Approve Payment Estimate No. 6 and Final in the amount of $35,784.60 on behalf of PT Ferro Construction Co.

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