Title
FINAL PAYMENT: $122,711.69
PING TOM BOAT HOUSE CONSTRUCTION
F.H. PASCHEN
SPECIFICATION NO. P-11063-R-02
Body
To The Honorable Board of Commissioners of the Chicago Park District:
I. Recommendation
This is to certify that FH. Paschen on June 12, 2013 completed in a satisfactory manner and in full compliance with the terms and conditions of the contract, all work in connection with the Ping Tom Boat House. The inspector approving final payment is Steffan Schoenauer.
It is therefore recommended that an order be approved for Final Payment in favor of F.H. Paschen in the amount of $122,711.69.
II. Final Payment Information
Vendor/Contractor: F.H. PASCHEN
5515 N. East River Road
Chicago, IL 60656
Date of Notice to Proceed: May 22, 2012
Substantial Completion Date: June 4, 2013
Final Completion Date: June 12, 2013
Original Contract Amount: $2,195,000.00
Approved Change Orders: $ 210,175.70
Total Contract Amount $2,405,175.70
Aggregate Amount Paid to Date: $2,282,464.01
Amount of This Final Payment $ 122,711.69
Original Contract Amount Final Contract Amount Waived
MBE $548,000.00 (25.0%) $644,742.19 (26.8%) NO
WBE $110,000.00 (5.0 %) $332,627.70 (13.8%) NO
III. Budget and Financial Information
Budget Classification: Capital
Fiscal Year: 2012
Funding code: 351.0001.0481.216005.TF001.G8.08.57140
351.0001.0481.216005.TF001.G0.08.57140
031.0001.0481.216005.CP001.01.01.57140
IV. Explanation
The Scope of Services for this project included the development of a new 2,485 sq.ft. boat house facility. The building consists of a 1 story three season building. A portion of the facility includes a kayak and canoe enclosed storage area with ornamental fencing. The balance of the facility consists of public restrooms and office. The exterior plaza space includes a metal canopy with lighting and pavers to take you to the river's edge. At the river, a new fully accessible...
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