Loading...
HomeMy Public PortalAboutr 16-076Pool troll al the .Oro 4 of (ffnrferd, N, I No. 1 676 Date of Adoptio April 7, 2016 APPROVING FINAL PAY ESTIMATE & CLOSE OUT CHANGE ORDER / WATERFRONT PARK STORM DAINIAGE REPAIRS WHEREAS, the Governing Body of the Borough of Carteret has previously awarded a contract to Applied Landscape Technologies in the amount of $1,647,520.00 for the Waterfront Park Storm Damage Repairs; and WHEREAS, the Borough's Consulting Engineer for the project, CivIE Associates, has advised the Governing Body that a modification of the contract is reasonable and necessary and has recommended that the aforesaid contract be modified in accordance with Final Payment Estimate & Close Out Change Order (see attached); and WHEREAS, Final Payment Estimate & Close Out Change Order include a change in the description of work and/or to decrease quantities to reflect as -built conditions, and to provide for certain supplementary items; and WHEREAS, Final Payment Estimate & Close Out Change Order provides for a net decrease in the contract price in the amount of $264,377.25, resulting in a revised contract price of $1,333,142.75 including all previously approved change orders; and WHEREAS, the Borough's Consulting Engineer, CME Associates has advised that the above described changes and/or modifications to the project were unforeseen at the time of the award of the original contract. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Borough of Carteret as follows: 1. That the Final Payment Estimate & Close Out Change Order attached hereto and made a part hereof, resulting in a net decrease of $264,377.25 and resulting in a revised contract price of $1,333,142.75 is hereby approved. 2. That the appropriate Borough Officials are hereby authorized to execute Final Payment Estimate & Close Out Change Order, and issue payment thereon, based upon the recommendation of the Borough Engineer and subject to attorneys review of the maintenance bond. NO. 16 °76 2 o 2 PAGE 3. A copy of this resolution and a filly executed copy of Final Payment Estimate & Close Out Change Order be forwarded to CYIE Associates for distribution to Applied Landscape Technologies and the Borough Purchasing Department. Adopted this 7 day of April, 2016 and certified as a true copy of the original on April 8, 2016. KATHLEEN M. BARNEY, MMC Municipal Clerk RECORD OF COUNCIL VOTE COUNCILMAN 1'ES NO NV A.6. COUNCILMAN YES I NO NV A.O. BELLING X KRUM _ 61AZ X NAPLES X D:R kT1.O X X X - Indicate Vote Ad - Absem NV - Not Voting XOR Indicate Vote to Overrule Vcln Adopted at a meeting of the Municipal Council April 7, 2016 CLERK