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INTER-OFFICE MEMORANDUM <br /> DEPARTMENT OF PUBLIC WORKS <br />TO: Board of Public Works <br />FROM: Leslie Biek, P.E., Assistant City Engineer <br />SUBJECT: Change Order #14 (Final) and Recommendation for Acceptance <br />Olive St Rehabilitation PH 1 (PN: 114-064) P0- 9357, PROJ 59 <br />DATE: March 31, 2022 <br />Attached is Change Order # 14 for the Olive St Rehabilitation project (PN 114-064). <br />Original Contract amount: $3,338,539.41 <br />Previously approved change orders: $458,220.42 <br />Percent Increase Including Requested: 15.47% <br />New Contract Amount: $3,854,954.45 <br />Change order #14 is for turn arrow pavement markings that were inadvertently left off bid items. <br />Increase Amount: $58,185.62 <br />Percent Increase of this CO: 1.74% <br />Revised Contract Amount: $3,854,945.45 <br />As this is a federal aid project, INDOT is responsible for the construction contract with Milestone. Per <br />INDOT’s policy, they only show bid items over or under $20,000 in their balancing CO. The actual <br />contract price will be $3,781,043.50 which is less than previous change orders already approved. <br />The City will not be responsible for any additional funds for this change order. Please see the <br />attached letter from HWC Engineering for additional information. <br />It is requested the Board of Public Works approve Change Order #14 (Final) and Recommendation <br />for Acceptance for the Olive St Rehabilitation project (PN 114-064) for a total increase of $58,185.62 <br />which is results in a total increase of 15.47% to the original contract price bringing the new contract <br />price to $3,854,954.45. <br />Thank you for your consideration of this request.