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HomeMy WebLinkAbout2022-09-06 J01G_05 10-inch Gas Distribution Main, Meredith-NW 10th St_Partial Release RetainageAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: September 6, 2022 AGENDA ITEM:Consideration of approval of Partial Release of Retainage to Meade, Inc. for the 10-inch Project Meredith/NW 10th St Distribution Main in the amount of $47,903.15 FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: Meade, Inc. has completed the project and is requesting early partial release of retainage per Iowa Code Section 573.28. Lien waivers have been received. The City will hold back $5,000.00 in retainage until the surface restoration is complete. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$47,903.15 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the early partial release of retainage to Meade, Inc. for 10-inch Project Meredith/NW 10th St. Distribution Main Project in the amount of $47,903.1 ATTACHMENTS: I. Letter of Recommendation PREPARED BY:Beth Richardson REVIEWED BY:Tim Royer TLR PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: J1G5 OLNEY, ILLINOIS 1927 Miller Drive Olney, IL 62450 (618) 392-5502 BELLEVILLE, IL 9 Executive Woods Ct. Belleville, IL 62226 (618) 277-1520 SHELBYVILLE, KY 1018 Mt. Vernon Dr. Shelbyville, KY 40065 (502) 513-5127 WICHITA, KS 9540 W. Harry St. Wichita, KS 67209 (316) 239-7313 PITTSBORO, IN 7421 N. Co Rd. 225 E. Pittsboro, IN 46167 (317) 892-7662 Utility Safety & Design, Inc. 28847 US HWY 136 Unionville, MO 63565 P (660) 947-3316 Fax (660) 947-3146 www.usdi.us August 22, 2022 Mr. Tim Royer, Assistant Dir. of Public Works City of Waukee 805 University Avenue Waukee, IA 50263 troyer@waukee.org RE: 10-inch Project Meredith/NW 10th St. Distribution Main – Final Pay Application (#4) Dear Mr. Royer, Please find attached hereto one copy of the Final Pay Application (#4) from Meade, Inc. for the above referenced project. The work completed through December 16th for this pay application period is $0.00 and the total contract amount for the project is $1,058,062.90 including change orders 1 thru 4. Total previous payments sum to $1,005,159.76. The project is complete with the exception of final surface restoration. The amount due less retainage for this pay application is $0.00. I recommend payment in the amount of $0.00. The total retainage remaining is $52,903.15. I recommend releasing $47,903.15 of the retainage and holding $5,000.00 until the surface restoration is complete. Please feel free to contact me anytime if you have any questions or require additional information. Respectfully Submitted, Anthony Everette, P.E. Senior Vice-President USDI