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3.3 Pay Application 2023 Street Maintenance ProjectRequest for City Council Action DEPARTMENT INFORMATION ORIGINATING DEPARTMENT REQUESTOR: MEETING DATE: Public Works City Engineer Wagner August 28, 2023 PRESENTER(s) REVIEWED BY: ITEM #: Consent City Administrator/Finance Director Flaherty 3.3 – Pay Application STRATEGIC VISION MEETS: THE CITY OF OTSEGO: Is a strong organization that is committed to leading the community through innovative communication. X Has proactively expanded infrastructure to responsibly provide core services. Is committed to delivery of quality emergency service responsive to community needs and expectations in a cost-effective manner. Is a social community with diverse housing, service options, and employment opportunities. Is a distinctive, connected community known for its beauty and natural surroundings. AGENDA ITEM DETAILS RECOMMENDATION: City Staff is recommending City Council approval of Pay Application #1 to Pearson Bros, Inc. ARE YOU SEEKING APPROVAL OF A CONTRACT? IS A PUBLIC HEARING REQUIRED? No No BACKGROUND/JUSTIFICATION: The 2023 Street Maintenance Project has been completed, including striping. Payment for striping has not been requested yet. In accordance with Minnesota Statute, the City is withholding the maximum of 5% retainage of work completed, which amounts to $1,687.60 at this time until a final payment request and final documentation is received from the Contractor. Change Order #2 revises the scope of the project. Bituminous material for seal coat will be removed from the project in its entirety. Due to revisions in the scope, a payment for hauling aggregate away from the project is included. Change Order #2 will decrease the construction cost by $23,228. The current contract amount net of change orders is $142,770.76. SUPPORTING DOCUMENTS ATTACHED: •Pay Application #1 •Change Order #2 POSSIBLE MOTION PLEASE WORD MOTION AS YOU WOULD LIKE IT TO APPEAR IN THE MINUTES: Motion to approve Pay Application #1 in the amount of $32,064.40 to Pearson Bros, Inc. for work completed on the 2023 Street Maintenance Project and to approve Changer Order #2. BUDGET INFORMATION FUNDING: BUDGETED: Fund 201 – Pavement Management Yes