Title
A Resolution authorizing the Mayor, on behalf of the Urban County Government, to execute Change Order No. 1 (Final) to the Agreement with Free Contracting, Inc., for the Marquis Avenue Sanitary Sewer Replacement Project, increasing the contract price by the sum of $8,800.00 from $464,575.04 to $473,375.04. [Div. of Water Quality, Martin]
Summary
Authorization to approve Change Order #1 (Final) to the LFUCG Contract with Free Contracting, Inc. for construction services associated with the Marquis Avenue Sanitary Sewer Replacement Project, Resolution No. 421-2016 dated June 23, 2016. This Change Order is to adjust all original quantities to reflect actual installed amounts, to add services required for project completion and to compensate Contractor for additional expenses incurred. The revised Contract amount will be $473,375.04 representing a 2% ($8,800.00) increase of the original $464,575.04 Contract amount. Funds are Budgeted. (L0806-17) (Martin/Hoskins-Squier)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes - In process
Risk Management: No
Fully Budgeted: Yes
Account Number: 4003-303410-3472-92811
This Fiscal Year Impact: $8,800.00
Annual Impact: $
Project: MARQUIS
Activity: CONSTRUCT
Budget Reference: 2015
Current Balance: $63,127.35
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute Change Order No. 1 (Final), which is attached hereto and incorporated herein by reference, to the Agreement with Free Contracting, Inc., for the Marquis Avenue Sanitary Sewer Replacement Project, increasing the Contract price by the sum of $8,800.00 from $464,575.04 to $473,375.04.
Section 2 - That an amount, not to exceed the sum of $8,800.00, be and hereby is approved for payment to Free Contracting, Inc., from account # 4003 - 303410 - 92811, pursuant to the terms of the Change Order.
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