Title
Acceptance of completion of the construction of a concession stand facility at Dow Park and release of final payment and retainage to W & R Construction Co.,LLC.
Body
Summary:
W & R Construction Co.,LLC. has completed the construction of a concession stand facility at Dow Park and is now ready for Council acceptance and release of final payment. The project was completed in the amount of $199,200 including original contracted amount and change orders.
The final payment for this project is $22,714.50 which will complete the $199,200 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:
$ 197,000 090-432-49030 FY 20-21 Capital Outlay
$ 181,500 090-432-49030 Original Contract Sum
$ 17,700 090-432-49030 Change order total
$ 199,200 Final project cost including change orders
Recommended action
Recommendation is to accept of completion the construction of a concession stand facility at Dow Park and release of final payment and retainage to W & R Construction Co.,LLC.