Title
FINAL PAYMENT: $389,493.05
CALUMET PARK FIELD HOUSE RENOVATIONS
TYLER LANE CONSTRUCTION
SPECIFICATION NO. P-12032
Body
To The Honorable Board of Commissioners of the Chicago Park District:
I. Recommendation
This is to certify that Tyler Lane Construction on May 7, 2015 completed in a satisfactory manner and in full compliance with the terms and conditions of the contract, all work in connection with Calumet Park - Field House Restorations. The project manager approving final payment is Jim McGreevy.
It is therefore recommended that an order be approved for Final Payment in favor of Tyler Lane Construction in the amount of $389,493.05.
II. Final Payment Information
Vendor/Contractor: Tyler Lane Construction
999 E. Touhy Ave., Suite 450
Des Plaines, IL 60018
Date of Notice to Proceed: July 1, 2013
Substantial Completion Date: October 2, 2014
Final Completion Date: May 7, 2015
Original Contract Amount: $ 2,500,473.00
Approved Change Orders: $ 224,765.82
Total Contract Amount $ 2,725,238.82
Aggregate Amount Paid to Date: $ 2,335,745.77
Amount of This Final Payment $ 389,493.05
Original Contract Amount Final Contract Amount Waived
MBE $600,000.00 (27%) $770,363.80 (28.3%) NO
WBE $190,000.00 (5.9%) $216,475.00 (7.94%) NO
III. Budget and Financial Information
Budget Classification: Capital
Fiscal Year: 2013-2014
Funding code: 037.8260.0011.627012.BD092.01.01.55131
040.0001.0011.216005.BD310.01.01.55131
060.0001.0011.216005.BD111.01.01.55131
070.8260.0011.627012.BD414.01.01.55131
IV. Explanation
The Scope of Services for this project included; roof replacement of all roofs, repairs to exterior concrete all around the building and repairs to interior water damaged finishes. Additional work included repairs to the underground drainage system at the field house and the removal of a deteriorated concrete chimney at the power h...
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