Title
FINAL PAYMENT: $203,206.10
KELLY PARK
ARTIFICIAL TURF DEVELOPMENT
SPECIFICATION P-11004-074
Body
To The Honorable Board of Commissioners of the Chicago Park District:
I. Recommendation
This is to certify that Friedler Constriction Company on October 30, 2015 completed in a satisfactory manner and in full compliance with the terms and conditions of the contract, all work in connection with Kelly Park Artificial Turf Development. The inspector approving final payment is Steffan Schoenauer
It is therefore recommended that an order be approved for Final Payment in favor of Friedler Constriction in the amount of $203,206.10.
II. Final Payment Information
Vendor/Contractor: Friedler Construction Corporation
2525 N. Elston Ave. D-240
Chicago, IL 60647
Date of Notice to Proceed: July 29, 2014
Substantial Completion Date: May 20, 2015
Final Completion Date: October 30, 2015
Original Contract Amount: $1,546,800.00
Approved Change Orders: $ 485,261.00
Total Contract Amount $2,032,061.00
Aggregate Amount Paid to Date: $1,828,854.90
Amount of This Final Payment $ 203,206.10
Original Contract Amount Final Contract Amount Waived
MBE $387,000.00 (25%) $512,000.00 (25%) NO
WBE $ 78,000.00 (5%) $160,916.00 (7.9%) NO
III. Budget and Financial Information
Budget Classification: General Obligation Bond and Capital Grant
Funding code: 031.0001.0260.216005.CP001.01.01.57287
031.8260.0260.627030.CP001.01.01.57287
038.0001.0260.216005.BD110.01.01.57287
066.0001.0260.216005.BD213.01.01.57287
067.8260.0260.627030.BD114.01.01.57287
351.0001.0260.216005.PG059.G4.09.57287
391.0001.0250.216005.AL001.15.08.57287
IV. Explanation
This project included the development of a new artificial turf combination soccer and football field to allow for greater access and use throughout the year. Construction inc...
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