Item 4FITEM 4F Approve a Tender Agreement with Great American Insurance Company for the Completion of Liberty Park at Sheltonwood and Royal & Annie Smith Park in the Amount of $55,090.30
Chris Tribble
Timeline Information
Timeline Information
June 3, 2008 Construction bids received
August 5, 2008 Awarded Construction contract to Robinson Construction
February 3, 2009 Original completion date of Smith Park
April 24, 2009 Notified bonding company, GAIC, of non- payments to subcontractors
April 25, 2009 Original completion date of Liberty Park
June 30, 2009 Revised completion date for both parks
August 4, 2009 Terminated contract with Robinson
Sept. 18, 2009 GAIC reached agreement with a completion contractor, Dean Construction
Oct. 6, 2009 City Council consideration to approve tender agreement and completion contract with Dean Construction
Jan. 30, 2010 Scheduled substantial completions of Liberty Park and Royal & Annie Smith Park
Tender Agreement Summary
Original Contract Amount w/ Robinson = $1,021,343
Amount paid to Robinson Construction = $740,523
Net amount of change orders and liquidated damages = ($50,816)
Remaining Balance = $230,004 (Budget Available)
Proposed cost to complete work from Dean Construction = $285,094
Amount of GAIC liability to be paid to the City including liquidated damages and change orders = $55,090.30
GAIC will continue to be responsible for work completed by Robinson Construction
Remaining work will be the responsibility of the City and the Completion Contractor
Questions?
Chris Tribble
X 8021