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Board Agenda : April 04, 2006 : Plano
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Board Agenda - April 04, 2006

j. Change Order 1 and Project Close-Out, Memorial addition

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

This Change reconciles the allowance balance remaining in the project and work credited back to the project. The Work of this Contract has been completed, the required closeout documentation is being completed and the Project is ready for Final Acceptance.

Summary:
Original Contract Amount: $969,500.00
Previous Approved Change Orders: 0.00
Contract Amount prior to this Change Order: 969,500.00
This Change Order Amount: (38,953.96)
Contract Amount After This Change Order: $930,546.04

Construction Budget Estimate: $1,089,000.00

Recommendation:

The Administration recommends that Change Order No. 1 in the deductive amount of ($38,953.96) be approved. The Administration also recommends that the work for the Memorial Elementary School Addition be accepted and that final payment, including the release of retainage, be made to Alshall Construction.

Business Impact:

Estimated Value: ($38,953.96). Budget/Financial Implication: 2004 Bond Funds.

Summary:

Appendix:

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