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HomeMy WebLinkAbout2022-08-15 I01H_19 Little Walnut Creek North Trunk Sewer Extension Phase 2_Early Partial Release RetainageAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: August 15, 2022 AGENDA ITEM:Consideration of approval of Early Partial Release of Retainage to J & K Contracting, LLC for the Little Walnut Creek North Trunk Sewer Extension Phase 2 Project in the amount of $60,657.76 FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: J & K Contracting, LLC has completed the project and is requesting partial early release of retainage per Iowa Code Section 573.28. Veenstra & Kimm recommend release of 80% of the retainage. Lien waivers have been received. One outstanding grading item remains on the punch list to be completed before final acceptance of the project will occur. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$60,657.76 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the partial early release of retainage to J & K Contracting, LLC for the Little Walnut Creek North Trunk Sewer Extension Phase 2 Project in the amount of $60,657.76 ATTACHMENTS: I. Letter of Recommendation PREPARED BY:Beth Richardson REVIEWED BY:Rudy Koester RK PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: I1H19 August 9, 2022 Rudy Koester Public Works Director City of Waukee 805 University Avenue Waukee, Iowa 50263 WAUKEE, IOWA LITTLE WALNUT CREEK NORTH TRUNK SEWER EXTENSION - PHASE 2 EARLY RELEASE OF RETAINAGE J & K Contracting, LLC is requesting early partial release of the retainage on the Little Walnut Creek North Trunk Sewer Extension – Phase 2 project. Enclosed is the sworn statement notice from J & K Contracting, LLC as required by Iowa Code Section 573.28. We recommend release of 80% of the retainage for the Little Walnut Creek North Trunk Sewer Extension – Phase 2 by the City Council of the City of Waukee to J & K Contracting, LLC. The partial retainage is in the amount of $32,832.00. We also recommend that the remaining 20% of the retainage in the amount of $8,208.00 be released 30 days after acceptance of the work by the City of Waukee. If you have any questions or comments, please contact us at 515-225-8000. VEENSTRA & KIMM, INC. Andy Willcuts ARW 275334 cc: Sara Kappos, City of Waukee – w/enclosure (email) Becky Schuett, City of Waukee – w/enclosure (email) Beth Richardson, City of Waukee – w/enclosure (email) Rachel Bruns, City of Waukee – w/enclosure (email) Tracy Lovetinsky, City of Waukee – w/enclosure (email)