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HomeMy Public PortalAboutr 02:283No. ~ Date of Adoption July 18, 2002 APPROVING CHANGE ORDER #4 T. GROSSO & SON, INC.- CARTERET AVENUE PEDESTRIAN IMPROVEMENTS PROJECT WHEREAS, the Governing Body of the Borough of Carteret has previously awarded a contract to T. Grosso & Son, Inc. in the amount of $192,350.00 for the Cartcret Avenue Pedestrian Improvements Project; and WHEREAS, the Borough's Consulting Engineer for the project, T & M Associates, has advised the Governing Body that a modification to the contract is reasonable and necessary and has recommended that thc aforesaid contract be modified in accordance with Contract Change Order #4, attached hereto; and WHEREAS, Change Order g4 includes a change in the description of work to reduce and increase quantities to reflect as-built conditions and to add a supplemental item to include a time of completion penalty; and VqHEREAS, Change Order g4 provides for a net reduction in the contract price in the amount of $34,395.42, resulting in a revised contract price of $157,954.58, including all previously approved change orders to date; and WHEREAS, the Borough's Consulting Engineer, T&M 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 Borough Council of the Borough of Carteret, County of Middlesex, State of New Jersey as follows: (1) Contract Change Order #4, attached hereto and made a part hereof, providing for a net reduction of $34,395.42 in the overall contract price and resulting in a revised total contract price of $157,954.58, including all previously approved change orders to date, is hereby approved. NO. 02-283 PAGE ? (2) That the appropriate Borough officials are hereby authorized and directed to execute Change Order #4. (3) That a copy of this Resolution and a fully executed copy of Change Order #4 be forwarded to the Borough's Purchasing Department and to T&M Associates for distribution to T. Grosso & Son, Inc.. Adopted this 18th day of July, 2002 and certified as a true copy of the original on July 19, 2002. KATHLEEN M. BARNEY Municipal Clerk RECORD OF COUNCIL VOTE PARISI SANTORO RIOS SOSNOV/SKI _ X - Indicate Vote AB - Absent NV - Not Voting XOR - lndk'ates Vote to Overrule Vet{) Adopted at a meeting of the Municipal Council July 18, 2002 ' CLERK ~/'