Title
AUTHORIZATION FOR APPROVAL OF CHANGE ORDER #1 AND FINAL PAYMENT FOR 102ND AVENUE BRIDGE REPLACEMENT - Keystone Excavators, Inc.
Body
NOTE: Change Order No. 1 is recommended so that the final payment can be processed and the contract closed out. The total decrease in the contract amount totals $232,633.86; a decrease in the original contract amount by 13.76%. The amount represents unused funds for the bridge replacement located at 102nd Avenue and Cross Bayou. Final payment for this contract is $91,881.92. The account to be charged will be 301481-562538, 21481/120-CONSTRUT.
Recommendation
ACTION: (Approve - Deny) Authorization for approval and acceptance of Change Order No. 1 and final payment, for 102nd Avenue Bridge Replacement provided by Keystone Excavators, Inc., for a total adjusted contract amount of $1,457,223.21 and authorization for final payment to Keystone Excavators, Inc to be charged to the appropriate account.