Title
Acceptance of completion of the Phase 1 Hike and Bike Trail Project” from X Street to P Street and release of final payment and retainage to Moran Construction, LLC. (Type B Funded Project).
Body
Summary:
Moran Construction, LLC has completed the construction and installation of the hike and bike trail from X street to P Street and is now ready for Council acceptance and release of final payment including retainage. The project was completed in the amount of $399,977.50 This amount includes change orders include in the project.
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 notice of completion.
Fiscal/Budgetary Impact:
$413,992.51 307-432-49420 Project #92 Type B - Hike and Bike Trail project
$393,287.50 307-432-49420 Project #92 Moran Construction, LLC proposal
6,690.00 307-432-49420 Project #92 Change order amount
$ 14,015.01 Estimated amount remaining in account (other professional services not included)
Recommended action
Recommendation is to accept the completion of the Phase 1 Hike and Bike Trail Project” from X Street to P Street and release of final payment and retainage to Moran Construction, LLC.