Explanation
BACKGROUND: This Ordinance authorizes the Director of Public Utilities to execute a compromise agreement with Columbus Asphalt Paving for the Far East Water Line Improvements Project for the Division of Power and Water (Water).
The City and Columbus Asphalt Paving disagreed as to monies owed for work related to certain pavement repair and temporary pavement. Through negotiations with the City Attorney's Office, the City has agreed to pay, and Columbus Asphalt Paving agrees to accept, $75,000.00 in complete settlement of any and all of Columbus Asphalt Paving's claims related to this project.
Although most of the compromise amount was available under the original appropriation, an additional appropriation is necessary, to cover the shortfall. The total of the original contract amount plus the additional appropriation reflects both the compromise amount and any and all overruns and underruns necessitated by actual construction and field conditions.
Contract Compliance Information: 31-0857095, expires 5/23/08, Majority
Emergency Designation: It is requested that this Ordinance be handled in an emergency manner so the contractor can be immediately compensated.
FISCAL IMPACT: There are sufficient funds available within the Water Works Enlargement Voted Bonds Fund.
Title
To authorize the Director of Public Utilities to execute a compromise agreement related to payment for claims made by Columbus Asphalt Paving; for the Far East Water Line Improvements Project; for the Division of Power and Water; to authorize the expenditure of $7,128.61 within the Water Works Enlargement Voted Bonds Fund; and to declare an emergency. ($7,128.61)
Body
WHEREAS, Contract No. EL005331 was authorized by Ordinance No. 0547-2005, passed April 18, 2005, was executed on May 18, 2005, and was approved by the City Attorney on May 24, 2005; and
WHEREAS, Columbus Asphalt Paving sought payment for work related to certain pavement repai...
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