Resolution approving a Final Reconciliation Agreement for the Beach Street Backflow Preventer No. 26 at the Fairview Outfall with Hazen Construction, LLC, 1599 Tionia Road, New Smyrna Beach, FL 32168, Contract No. 0318-0360 and authorizing the City Manager and City Clerk to execute the Final Reconciliation Agreement with the following stipulations:
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Approve September 28, 2018, as the final completion date and start of the warranty period
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Approve the final contract price of $168,975
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Release retainage of $8,448.75 due to the contractor
This request is needed to close out the project and release the retainage to the contractor. Resolution 18-80 was adopted by City Commission on March 3, 2018, to pay Hazen Construction, LLC in an amount not to exceed $168,975 under Contract No. 0318-0360. Project was completed on budget and on time. There is no additional funding associated with this request.
Recommendation: Utilities Director recommends adoption of the Resolution.