Title
AUTHORIZATION FOR CHANGE ORDER NO. 1 AND FINAL PAYMENT- Traffic Pavement Marking Services - AKCA, LLC
Body
NOTE: Change Order No. 1 is recommended for approval so that the final payment of $4,260.55 can be processed and the contract closed out. Change Order No. 1 represents the completion of the installation of thermoplastic pavement markings on all streets within the Gateway Centre area, totaling $85,211.06, a decrease of the original contract amount by 22.54%. The change order will be charged to account 301481-562538, 19481/103-PROGRAM-CONSTRUT. The final contract amount is $85,211.06.
Recommendation
ACTION: (Approve - Deny) Authorization for approval and acceptance of Change Order No. 1, Traffic Pavement Marking Services, a decrease in the contract amount of $24,788.94, for a total adjusted contract amount of $85,211.06, and authorization for final payment of $4,260.55 to AKCA, LLC to be charged to the appropriate account.