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• • <br />Page Two <br />October 15, 1985 <br />RE: CLP ~~84-7109 <br />Special condition 50 of the contract with McKey allows the City to <br />add up to 10~ of the contract amount for 12" gravity sewers <br />($1255.32) at the bid unit prices. If the extra work exceeds that <br />amount, a lump sum price is to be mutually agreed upon by the City <br />and the contractor. If agreement cannot be reached, the work is <br />to be performed at cost plus 15%. <br />McKey has offered to do all the work for the <br />except for Bid Item 3, for which he wants an <br />foot in order to recover a cost increase in <br />taken place since the contract was awarded. <br />an additional $295.50 over the contract unit <br />change order of $13,309.00. <br />A project financial summary follows: <br />contract unit prices, <br />extra $.30 per lineal <br />materials that has <br />This would result in <br />prices, for a total <br />Original Authorization $165.000.00 <br />Expenditures to Date <br />Engineering Services $ 25140.45 <br />Misc. Survey <br />AppraisalLLand Acq. ~ 2,,030.00 <br />Construction Contract $ 90,723.17 <br />Balance $ 47,106.38 <br />BS/tla <br />Attachments <br />