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<br /> <br />INTER-OFFICE MEMORANDUM <br /> <br /> DEPARTMENT OF PUBLIC WORKS <br /> <br /> <br />TO: Board of Public Works <br />FROM: Gemma Stanton, Project Engineer <br />SUBJECT: Change Order #16 (Final) (PN: 115-063) P0- 25244, PROJ 18 <br />DATE: 10/10/2023 <br />Attached is Change Order # 16 for the Coal Line Trail Phase 1 Project: <br /> <br />Original Contract amount: $1,623,701.34 <br />Previously approved change orders: $247,561.45 <br />Percent Increase Including Requested: 15.247% <br />New Contract Amount: $1,871,262.79 <br /> <br />Change order #16 is a balancing change order for project closeout. <br />Increase Amount: $105,435.72 <br />Percent Increase of this CO: 6.494% <br />Revised Contract Amount: $1,976,698.51 <br /> <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 only be responsible for a maximum of 20% ($21,087.15) of the balancing amount. <br /> <br />It is requested the Board of Public Works approve Change Order #16 (Final) for a total increase of <br />$105,435.72 which is results in a total increase of 15.247% to the original contract price bringing the <br />new contract price to $1,976,698.51. <br /> <br />Thank you for your consideration of this request. <br /> <br />Please call with your questions.