Subject:
Title
Increase funds for Follin Lane Construction Contract with Jeffery Stack, Inc., IFB 16-02
Body
EXPLANATION AND SUMMARY:
The Follin Lane project is funded through a VDOT Revenue Sharing grant and the Town’s NVTA local 30% allocation.
As construction on this project was completed and final restoration implemented, additional expenditures were required, to include additional tree plantings and private driveway restoration. DPW requests an additional $9,892.01 to process the final payment for the project.
Final Balance Due: $28,593.50
Available: $18,751.49
Difference: $9,892.01
Departmental Recommendation: Recommend approval
Finance Recommendation: Recommend approval
Purchasing Recommendation: Recommend approval
Town Attorney Recommendation: Town Council may approve the proposed expenditure of funds in its discretion.
Town Manager's Recommendation: I recommend the Town Council increase the Follin Lane construction contract as presented.
Cost and Financing: $9,892.01
Account Number: 300-000-0000-39440-48803; Project # 4150888428
Decision Needed by This Date: n/a
PROPOSED/SUGGESTED MOTION
Recommended Action
"I move to increase the Follin Lane construction contract with Jeffery Stack, Inc., IFB 16-02, by $9,892.01 from the account listed above."
Or
Other action deemed necessary by Council.