Title
An Ordinance approving Change Order No. 1 to the agreement with Radmacher Brothers Excavating Company, Inc. for Project No. 543-32272C, Stormwater Projects: SW 34th Street and SW Pinnell Drive, an increase of $65,822.23 for a revised agreement amount of $501,036.26, and authorizing the City Manager to execute the same. (PWC 2-14-22)
Body
Issue/Request:
An Ordinance approving Change Order No. 1 to the agreement with Radmacher Brothers Excavating Company, Inc. for Project No. 543-32272C, Stormwater Projects: SW 34th Street and SW Pinnell Drive, an increase of $65,822.23 for a revised agreement amount of $501,036.26, and authorizing the City Manager to execute the same.
Key Issues:
· The City had previously entered into an agreement with Blue Nile Contractors, Inc. for the construction of Project No. 543-32272C, Stormwater Projects: SW 34th Street and SW Pinnell Drive (hereinafter "Project"), being undertaken by the City's Public Works Department.
· Blue Nile Contractors, Inc. ("Initial Contractor") signed a Voluntary Letter of Default and surrendered the remaining contract to the Surety, North American Surety Company, Inc. ("Surety")
· The Surety tendered and assigned Radmacher Brothers Excavating Company, Inc. ("Completion Contractor") to complete the project.
· To complete the project, the Surety did provide to the City payment for the cost difference between the Initial Contractor and the Completion Contractor to construct.
· The monies provided to the City by the Surety is now included into the contract with the Completion Contractor as a lump sum payment.
· Several contract quantities are being adjusted to match the actual quantities constructed.
Proposed Committee Motion:
I move to recommend to City Council approval of an Ordinance approving Change Order No. 1 to the agreement with Radmacher Brothers Excavating Company, Inc. for Project No. 543-32272C, Stormwater Projects: SW 34th Street and SW Pinnell Drive, an increase of $65,822.23 for a revi...
Click here for full text