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HomeMy Public PortalAboutResolution 01:319No. 01-319 Date ol Adoption~~ 2001 RESOLUTION APPROVING CHANGE ORDER MARVEC CONSTRUCTION CORP./TOWN CENTER REVITALIZATION WHEREAS, the Mayor and Council of the Borough of Carteret approved a contract to Marvac Construction Corp. on May 18, 2000 in the amount of $366,800.00; and WHEREAS, the Borougl~ has previously approved Change Order Nos. I, 2, 3 and 4 which totaled $81,442.82, resulting in a revised contract amount including said Change Orders in the total amount of $448,242.82; and WHEREAS, the Borough's Consulting Engineer bas advised the Governing Body that a further modification of the contract, pursuant to the attached Change Order No. 5, is reasonable and necessary; and WHEREAS, the Engineer has further certified that the additional work recommended pursuant to Change Order No. 5 ~vas unforeseen at the time of the award of the original contract and that the execution of a new contract would be unreasonably interfere ~vith the efficient completion o£ the contracted work; and WHEREAS, the contractor has provided the attached written certification justifying the performance of said additional work ~vhich necessitated the issuance of the within Change Order; and WHEREAS, the Borough's Chief Financial Officer has certified that funds are available for the payment of the contract amount as modified by Change Order No. 5. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Borough Council of the Borough of Carteret as fo llo~vs: Contract Change Order No. 5 in the amount of $5,000.00 and payment of the revised contract price including said Change Order in the totaI amount of $453,242.82 is hereby approved. BE IT FURTHER RESOLVED that notification of said Change Order shall be advertised as may be required by N.J.A.C. 5:34-4.8 setting forth procedures for Change Orders xvhich exceed the twenty percent (20%) limitation. Adopted this 4th day of October, 2001 and certified as a true copy of the original on October 5, 2001. KATHLEEN M. BARNEY, RMC/CMC Municipal Clerk COUNCILMAN I YES / FAZEKAS ~ X ~QUINONES X RECORD OF COUNCIL VOTE COUNCILMAN 7 YES NO I NV A.B. sn ro oyx , ix, SOHAYDA ~ / Adopted at a meeting of thc Municipal Council October 4, 2001