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HomeMy WebLinkAboutR-83-0235J-83-132 RESOLUTION NO. A RESOLUTION AUTHORIZING THE CITY MANAGER TO REDUCE THE 10% RETAINAGE ON THE CONTRACT BETuTEEN THE CITY OF MIAMI AND S I. NICHOLAS, TNT,., FOR THE CONSTRUCTION OF THE CITY OF MIAMI hTWERWALK AND THE CITY OF MIAMI/ ItNT_VERSITY OF MIAMI JAMES L. KNIGHT INTERNATIONAL CENTER LANDSCAPING, BASE BID PLUS ADDITIVE ITEM C, TO 22% WHEREAS, there exists a contract dated February 19, 1982 between the City of Miami and S. I. Nicholas, Inc., in the amount of $795,876 for the construction of The City of Miami Rive nialk and The City of Miami/University of Miami James L. Knight International Center Landscaping, Base Bid Plus Additive Item C; and WHEREAS, the contractor has completed all of the work shown on the plans and specifications and has been authorized to proceed with extra work that will require additional construction time; and WHEREAS, the contractor's proposal for doing the extra work included a stipulation that the Public Works Department would request the City Commission to reduce his retainage from 10% to 2 2%; and WHEREAS, the Directors of the Departments of Public Works and Parks recommend the reduction in retainage to eliminate an undue hardship on the contractor; and WHEREAS, the City Manager concurs with the recommendation of the Directors of the Departments of Public Works and Parks; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY C014MISSION MEETING OF MAR 18 1983 RE:,Ulu1lU�: t, REMARKS V 91` Section 1. The City Manager is hereby authorized to reduce the 10% retainage to 2z% retainage for The City of Miami Riverwalk and The City of Miami/University of Miami James L. Knight International Center Landscaping, Base Bid Plus Additive Item C before final acceptance and authorization of final payment by the City Commission. PASSED AND ADOPTED THIS 18 DAY OF MARCH , 1983. MAURICE A. EERRE M A Y 0 R ATTEST: ( C17 CLTRK PREPARED AND APPROVED BY: DEPUTY CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: f � CITY ATTORNEY - 2 - 11 P 57 TO Howard V. Gary City Manager FROM Donald W. Cather Director Department o1I.K CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM DATE February 14, 1983 FILE. B-3168 & B-3148S SUBJECT: THE MIAMI RIVERWALK AND THE CITY OF MIAMI/UNIVERSITI OF MIAMI JAMS L. KNIGHT INTER - REFERENCES. NATIONAL CENTER LANDSCAPING - BASE BID PLUS ADDITIVE ITEM C - ic Works ENCLOSURESResolution for Increase in CL�_ Contract Amount (For Commission Meeting of March 10, 1983) The Departments of Public Works and Parks recommend the adoption of a resolution authorizing the City Manager to reduce the retainage from 10% to 2k% for The Miami Riverwalk and The City of Miami/University of Miami James L. Knight International Center Land- scaping - Base Bid Plus Additive Item C. The contractor on the project, S. I. Nicholas, Inc., has completed all the work shown on the plans and in the specifications and has now at the request of the City begun preparations to do extra work pertaining to the placements of paver covered slabs around the tree cutouts in the Riverwalk area. He has quoted a satisfactory price for the work, but his price was conditional upon the Public Works Department requesting the Commission to reduce his retainage on the project from 10% to 2k% so that he would not be denied the use of his money while waiting for materials to do the extra work. The extra work the contractor has been engaged to do will be paid for from the cash allowance, and the work will not interfere with the use of the Riverwalk or the adjacent convention facilities. The Public Works and the Parks Department concur with reducing the retainage and recommend that the City Commission authorize the City Manager to reduce the retainage from 10% to 2k%. EL:vh le a