TO: Mayor and City Council
FROM: James V. Capparelli, City Manager
SUBJECT:
title
Change Order No. 2 for the Chicago Street Roadway Improvement - MFT Sect. No. 16-00491-00-PV to PT Ferro Construction in the amount of ($211,105.85) and Payment No. 15 and Final in the amount of $173,853.35
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BACKGROUND:
This project was awarded on June 4, 2019, in the amount of $3,310,264.23, to P.T. Ferro Construction Co. utilizing MFT Funds and Capital Project Funds. Subsequently, Change Order No. 1, in the amount of $356,757.90, was approved. The Public Service Committee reviewed this memo at the September 7, 2021 meeting and recommended for approval by the full Council.
CONCLUSION:
This project has been completed, inspected, and accepted by the Department of Public Works.
Change Order No. 1 is a deduction in the amount of ($211,105.82) for the balancing of completed items and an electrical service repair.
Change order items represent a reduction in Motor Fuel Tax Funds (Org 20090270, Object, 557200; ($173,853.35)) and Capital Project Funds (Org 30090270, Object 557400, ($37,252.47)).
RECOMMENDATION:
recommendation
Based on the above, it is recommended that the Mayor and City Council:
1) Approve Change Order No. 2, a deduction in the amount of ($211,105.82), to the Chicago Street Roadway Improvement.
2) Approve Payout No. 15 and Final, in the amount of $177,383.10, on behalf of P.T. Ferro Construction.
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