Title
Consider a resolution authorizing the Mayor to execute Quantity Adjustment/Change Order No. 1 with Cutler Repaving, Inc. for the 2022 Arterial Street Maintenance Program Project.
Body
Attached is a change order/quantity adjustment for the above referenced project. In order to keep design costs significantly lower, Street Maintenance Projects are designed by in house staff. Repair quantities are approximated.
This is a negative quantity adjustment resulting from items that did not need to be fully utilized.
The original contract price was $6,543,342.99. This QA/CO reduces the contract price by $114,217.28, making the final adjusted contract cost $6,429,125.71. This represents a savings of $114,217.28 to the city.
Cost: -$114,217.28
Source of Funds: RR Transportation and Economic Development Corporation