Board Agenda - November 06, 2007

1. Clark Stadium pressbox renovation, #2 and project close out

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

This Change reconciles the allowance balances remaining in the project and reduces the contract by the unused amount. Also contributing to this final cost is a reduction in the Construction Manager's fee due to the reduction in cost. 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: $ 3,573,522.00 Previous approved Change Orders: $ 59,758.00 Contract Amount prior to this Change Order: $ 3,633,280.00 This Change Order amount: $ (4,759.33) Contract Amount after this Change Order: $ 3,628,520.67

Recommendation:

The Administration recommends that Change Order No. 2 in the deductive amount of $4,759.33 be approved. The Architect has reviewed this Change Order, and they concur with the amount. The Administration also recommends that the work for the Clark Stadium Pressbox Renovation be accepted, and that final payment, including the release of retainage, be made to Turner Construction.

Business Impact:

Estimated Value: ($4,759.33) Budget/Financial Implication: 2004 Bond Funds

Summary:

Appendix:

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