Title
Acceptance of completion for the purchase and installation two (2) walking bridges in Dow Park and release of final payment and retainage to T.F. Harper, LLC.
Body
Summary:
T.F. Harper has completed the delivery and installation of two (2) walking bridges in Dow Park (Phase1) and is now ready for Council acceptance and release of final payment. The project was completed in the amount of $79,154.83.
The final payment for this project is $73,724.59 and the retainage is $3,957.74 which will complete the $79,153.83 project total.
The project is completed and the contract is ready to be closed out and final payment issued.
Attached is a copy for the final payment application and conditional waiver and release of final payment.
Fiscal/Budgetary Impact:
$ 90,000 10-432-49030 FY 20-21 Capital Outlay
$ 79,154.83 Project costs from T.F. Harper and Associates LP
$ 10,845.17 Remaining in allocated funds from Phase 1 of Dow Park Bridges
Recommended action
Recommendation is to accept of completion for the purchase and installation two (2) walking bridges in Dow Park and release of final payment and retainage to T.F. Harper, LLC