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Council approves $57,903.73 credit to close out Market Street Phase 2 mainlining contract
Summary
GMB told the council the Market Street Phase 2 mainlining contract will be reduced by $57,903.73, taking the contract from $1,734,713 to $1,676,809.27; the council approved the closeout change order and asked about final payment timing and prior liquidated damages.
GMB representative John Hennishman told the council the item before members was a balancing change order to close out the Market Street Phase 2 mainlining project, saying it "results in a credit or a deduct of the contract amount of $57,903.73, which takes the contract from what was bid at $1,734,713 down to $1,676,809.27." The council voted to approve the change order by voice vote.
Council members pressed GMB on remaining administrative steps and financial impacts. The mayor and Councilman Marshall asked when the contractor would receive final payment; Hennishman said the contract must be balanced before a final payment can be issued and characterized the payment as largely a paperwork exercise. Council members also referenced liquidated damages assessed on prior mainline work; GMB acknowledged liquidated damages had been accrued in earlier phases and that such assessments vary depending on whether delays were within the contractor's control.
The council’s approval ends the contractual work for Market Street Phase 2 pending final administrative closeout and payment processing. No roll-call tally was recorded in the meeting transcript; the motion passed on a voice vote.
