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Subject: (Direct Referral) Communication from the Commissioner of Public Works/City Engineer submitting a request for final payment on Contract 23-09 (K9-024) Basin 17 & 18 Sewer Improvements, Woodland Hills Contractors, contractor. (Res.09-1742)
Recommendation of the Public Works and Services Committee on 11-24-09: The work done by Woodland Hills Contractor, under Contract 23-09 (K9-024), Basin 17 & 18 Sewer Improvements be accepted and final payment authorized for a total contract amount of $244,904.76.
Further recommends that the remaining balance be paid to Evergreen National Indemnity Company, or their representative, for distribution to the prime contractor and any unpaid or underpaid subcontractors.
Fiscal Note: Contract was authorized under Resolution No. 09-1316, dated April 8, 2009. The performance bond company will make all payments to the prime contractor and subcontractor(s) in accordance with the contract with no cost to the City of Racine for this agreement.