HomeMy WebLinkAbout2005.08.16_E 96th St Widening (Garnett to Owasso Market)PROJECT COMPLETION REPORT
PROJECT:_ E. 96" Street North Widening (Garnett Road to Owasso Market_
DATE PROJECT WAS INITIATED: February 1 2005
DATE PROJECT WAS COMPLETED:_ August 16 2005
DEPARTMENT RESPONSIBILITY FOR PROJECT: Public Works Department
STAFF COMMENTS: The project encompasses widening and signalization
upgrade of the intersection at E 96th Street North and N Garnett Road including
construction of new sidewalk, curb and gutter and draina e improvements The work was
integrated with improvements to N Garnett Road Improvements planned to support the
development of the Smith Farm shopping center. On February 1 2005 City Council
awarded the construction contract to Becco Construction Inc. Tulsa Oklahoma in the
total amount of $2,776,294.20. Because the work was awarded as a unit price contract —
where the quantities presented in the Bid Form were estimated based on expected
conditions and used solely for the purpose of comparison of bids it was anticipated that
arc uantity adjustment be made at final payment to reflect actual quantities provided
Funding for final quantity adjustment and other necessary changes was included under
the Protect Allowance Line Item $160,000 listed in the Bid Tabulation A Project
Incentive Line Item was also included as part of this contract $60,000 as an incentive to
the contractor to complete the work ahead of the scheduled completion date
Quantity adjustments and incentive compensation resulted in an expenditure of
92,096.38 (3% of the original contract amount) from the allocated $220,000, resulting in
a negative contract adjustment of $127,903.62 and a final payMent amount of
$2,648,390.58. It should be noted that final costs for the Right of Wa y acquisition is
ending settlement or iury trial
Ana C. Stagg P.E.
PROJECT COORDINATOR
Public Works
DEPARTMENT
PROJE C OR AT
January 10, 2007
DATE
C•7
Approved this 22nd day of January, 2007.
Brenda Snow, Chairman