Loading...
05-13-2008 CC Rpt A13 COUNCIL AGENDA STAFF REPORT CITY CLERK USE ONLY . , Meeting Date: May 13,2008 , --; - .) PO LI - /. ---- --,„. Public Hearing: 0 2''' UY' ' -." ' .: -- cm'"`"`"u`" Discussion Item: 0 I•• - ' Consent Item: , . May 6, 2008 TO: HONORABLE MAYOR AND CITY COUNCIL MEMBERS FROM: CITY MANAGER SUBJECT: REDUCTION IN RETENTION FOR AGREEMENT NO. A07-16 WITH MCMAHON STEEL COMPANY, INC., FOR CONSTRUCTION OF BID PACKAGE NO. 7 - GOVERNMENT CENTER STRUCTURAL STEEL, METAL DECKING AND MISCELLANEOUS METALS RECOMMENDATION: Reduce retention for Agreement No. A07-16 with McMahon Steel Company, Inc., for Construction of Bid Package No. 7 - Government Center Structural Steel, Metal Decking and Miscellaneous Metals from ten percent (10%) to five percent (5%). gibBACKGROUND/ANALYSIS: On March 27, 2007, the City Council awarded a contract to McMahon Steel for Bid Package No, 7. On May 27, 2007, the Council approved Change Order No. 1 for items related to the Fire District Administration Building. McMahon Steel is largely complete with their work, and is awaiting completion of work by other trades prior to finalizing work under their contract. In accordance with the terms of their contract, the Contractor is allowed to request a reduction in retention from 10% to 5% when more than half their contract work is complete. McMahon Steel has performed in a satisfactory manner and staff is recommending that the Council approve the requested reduction in retention. REVIEW BY OTHERS: This agenda item has been reviewed by the Finance Director. FISCAL IMPACT: There is no fiscal impact to this action. Retention funds are already on account. Respectfully submitted, Recommended by: .._,Y - 110 5I1) - -4,-7,, Za.# ..-v -2). 7s74f:- '5e,:4:4,, K . DoLugla7s%N. La BeIIe,'City Managerxilo / Rayniond T. Holland, Interim City Engineer RH/AD/ps /q/3