Resolution approving a Final Reconciliation Agreement with 4C's Trucking and Excavation, Inc., 331 Sawgrass Road, Bunnell, FL 32110 for the ISB/SR600/US-92 Utility Repairs and Water Main Adjustments Contract with the following stipulations:
- Approve October 15, 2018, as the final completion date and start of the warranty period
- Approve the final adjusted contract price of $285,118.39
- Approve a final payment of $41,392.43 due under the contract, which includes retainage
The final adjusted contract price includes an overall contract increase of $21,181.80 due to costs associated with water main adjustments to avoid two buried unknown electrical vaults and a duct bank. This request is needed to close out the ISB/SR600/US-92 Utility Repairs and Water Main Adjustments Contract and pay the contractor for work performed. Funds available in the Renewal & Replacement - 8% Fund.
Recommendation: Utilities Director recommends adoption of the Resolution.