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HomeMy WebLinkAbout~Master - Close-out of contract for CyRide Bus Storage Addition RESOLUTION NO.06-182 RESOLUTION APPROVING CLOSE-OUT OF EXISTING CONSTRUCTION CONTRACT WITH WELKER CONSTRUCTION FOR CYRIDE BUS STORAGE ADDITION AND ISSUING SUPPLEMENTAL CONTRACT FOR REMAINING WORK FOR THE CITY OF AMES,IOWA WHEREAS,Welker Construction was awarded a$1.2 million contract on February 22,2005,to expand bus storage by 9,000 square feet on the south side of the building; and, WHEREAS,contract terms read,"payment will be made of 95%of the value of satisfactory construction completed during the preceding calendar month...."; and, WHEREAS,work on the addition was determined to be substantially complete on December 1, 2005, and since reaching substantial completion,work has progressed on remaining punch list items to the point where there is an estimated$30,822 remaining on the contract; and, WHEREAS,this includes a change order in process in the amount of$20,100 and remaining punch list work that includes$10,722 for landscaping, exterior finish work, and painting; and, WHEREAS,Welker Construction is requesting that the Ames Transit Agency pay for all work completed and stored to date, including the bulk of project retainage; and, WHEREAS,to reflect this,Welker has submitted an invoice for$79,322.50,and authorizing a contract close-out will allow the invoice to be paid as presented and project retainage to drop from$65,002.35 to$30,822; and, WHEREAS,a detailed review conducted with the assistance ofthe City Attorney and Purchasing Division shows two options available with respect to contract close-out and retainage: 1)close-out the existing contract and issue a supplemental contract for the work remaining ($10,722) under the same terms and conditions as the original contract; or,2)issue a change order to reduce the amount of retainage as permitted by Iowa law; and, WHEREAS, Welker Construction has submitted necessary paperwork to allow contract close-out (Option 1). NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the close- out of the existing construction contract with Welker Construction for the CyRide Bus Storage Addition is hereby approved,and a supplemental contract for the remaining work($10,722)under the same terms and conditions as the original contract will be issued. ADOPTED THIS 9'day of May, 2006. • `�l�Yv Vim' �I�� .Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Goodhue Seconded by: Goodman Voting aye: Doll, Goodhue, Goodman,Mahayni,Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 9th day of May,2006.