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HomeMy WebLinkAboutExplanationEXPLANATION Per Resolution No. 2009-226, the City Council awarded a contract to Koch -Armstrong General Engineering, Inc. in the amount of $1,916,282.35 for the National City Marina Gateway Streetscape Project, Specification No. 08-16. During the course of construction, City -initiated change orders were approved and added to the project via two bid alternatives and the twenty-seven additive and deductive change orders (Please see attachment for abbreviated line item description and pricing.) Therefore, the construction bid price of $1,916,282.35 was increased by $51,706.50 due to the summation of Change Orders Numbers One through Twenty -Seven, two bid alternatives, and several line item increases/deductions for a final construction cost of $1,967,988.85. Overall, the project's scope of work complied with its contract and specifications as reflected in the final balance change order. A final inspection was completed and after obtaining required final documents from the contractor, the project was eligible for a notice of completion. Please refer to attached "Final Contract Balance" document for a breakdown of line items, change orders, and contracted work days. The project's scope of work complied and was found to be in accordance with the approved contract and specifications as reflected in the attached final contract balance sheet. Therefore, Engineering Staff recommends the acceptance of the work and the filing of a Notice of Completion for the National City Marina Gateway Streetscape Project, Specification No. 08-16. As a result of the satisfactory completion of said project, a retention amount of $157,420.82 is programmed for processing and payment upon the receipt of required signatures, City Council's approval of this item via resolution, and the ratification of an already filed Notice of Completion with the County of San Diego. In summary, the purpose of this resolution is to approve the final amount of the project at $1,967,988.85, accept the work performed, ratify the filing of a Notice of Completion, and release the retention amount of $157,420.82.