HomeMy WebLinkAboutR-82-0506RESOLUTION NO.
A RESOLUTION ACCEPTING THE COMPLETED WORK
PERFORMED BY T & N CONSTRUCTION CO., INC.
AND A14ERICAN FIDELITY FIRE INSURANCE CO.,
THE BONDING COMPANY, AT A TOTAL COST OF
$478,515.80 FOR POINT VIEW HIGHWAY IMPROVEMENT -
BID "A" - HIGHWAY; ASSESSING $3,600.00 AS
LIQUIDATED DAMAGES FOR 36 DAYS OVERRUN OF
CONTRACT TIME; AND AUTHORIZING A FINAL PAYMENT
OF $48,592.73 TO BE MADE JOINTLY TO T & N
CONSTRUCTION CO., INC. AND AMERICAN FIDELITY
FIRE INSURANCE CO., THE BONDING COMPANY
WHEREAS, there exists a contract dated January 22,
1980 between The City of Miami and T & N Construction Co.,
Inc.; and
WHEREAS, the work has been satisfactorily completed,
and T & N Construction Co., Inc. and American Fidelity Fire
Insurance Co., the bonding company, have furnished the
required documents certifying that all bills for labor and
materials have been paid in full in connection with the
aforesaid contract; and
WHEREAS, liquidated damages for overrun of contract
time of 36 days should be deducted from the final payment
due the contractor and the bonding company; and
IJHEREAS, the City Manager and the Department of Public
Works recor_umend that the completed work be accepted and final
payment made to the contractor and the bonding company;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF
THE CITY OF MIAMI, FLORIDA:
Section 1. The completed work performed by T & N
Construction Co., Inc. and American Fidelity Fire Insurance
Co., the bonding company, for POINT VIE14 HIGHWAY IMPROVEMENT -
BID "A" - HIGHWAY, at a total cost of $478,515.80, is hereby
approved.
CITY COMMISSION
MEETING OE
J U N 17 1982
82-500"
RESOtppUn�old NO..,.............�wiw
REMA ...................N1..MM..I�
Section 2. That liquidated damages in the amount of
$3,600.00 for 36 days overrun of contract time shall be
deducted from the balance due the contractor and the bonding
company.
Section 3. The proper officials of The City of Miami
are hereby authorized to pay jointly to T & N Construction
Co., Inc. and American Fidelity Fire Insurance Company, the
bonding company, after all adjustments are made, a balance
of $48,592.73 as full and final payment for all work performed
and all materials furnished in connection with POINT VIE14
HIGHWAY IMPROVEMENT - BID "A" - HIGHWAY.
PASSED AND ADOPTED this 17th day of
1982.
PREPARED AND APPROVED BY:
/ � C5�-. 64,�&
Deputy City Attorney
June ,
Maurice A. Ferre
A Y 0 R
APPROVED AS TO FORM AND CORRECTNESS:
,y\
City ttorney
®2-30 r. --
=3
Howard V. Gary
City 'tanager
April 27, 1982 , . B-4309-A
POENT VIEW HIGHWAY IMPROVEMENT
(BTD "A" - HIGHWAY) -
Resolution assessing liquidated
Donald W. Cather
damages and authorizing final
payment
gl;LLrector of Public Works
_ (For Commission Meeting
of flay 11 1982)
• t
fV
o The Department of Public Worl:s recommends
ZC the adoption of a resolution accepting the
N completed work performed by T & N Construc-
tion Co. and American Fidelity Fire Insurance
Company, the bonding company, at a total
cost of $478,515.80; assessing $3,600.00
as liquidated damages for overrun of contract
timme; and authorizing a final payment of
$48,592.73, for POINT VIEW HIGHWAY I:IPROVE-
iiENT (PAID "A" - HIG111%1;�Y) .
T & ►' Construction Co., Inc. has completed the project consisting
of constructing; approximately 0.6 mile of streets, including
clearing and grading, placement of stabilized fill material,
asphaltic pavement, concrete curbs and butters, concrete side-
walk, storm sewer modifications, sanitary; se-.cr Modifications,
and landscaping. The project- is located'on South Bayshore
Drive between S. E. 12 Street and S. E. 15 Road.
During construction of the project the contractor ran into finan-
cial difficulties, and had to be assisted financially by American
Fidelity Fire Insurance Company, the bonding company. The con-
tractor also overran the adjusted coripletion date by 36 calendar
days. The contract documents provide for the assessment of
liquidated damages at the rate of $100 per calendar day over
the contract time. This was a unit price contract in the
amount of $478,515.80, less $3,600.00 as liquidated damages for
36 days overrun of contract.
It is now in order for the Commission to accept the completed
work and authorize final pavment, after all conditions are met.
,,;sELihc
/ZrLolution enclosed
82_501G .
T(1R NTANIT7
CONTRACTOR
FI;14AL CONSTRUCTION FACT SIIEET
FOR THE CITY !,L%NAGER
Point View Highway Improvement B-4309
T & N Construction Co., Inc.
JOB SCOPE Construct 0.6 mile of street including clearing and grading,
placement of stabilized fill material, asphaltic pavement,
concrete curbs and gutters, concrete sidewalk, storm sewer
modifications, sanitary sewer modifications, and landscaping
located on South Bayshore Drive between S.E. 12 Street and
S. E. 15 Road.
REASON Eliminate drainage problems and rebuild deteriorated
FOR WORK pavement and side park,•7a1rs.
SOURCE
OTF FUNDS Highway G. 0. Bond Fund
PROJECT Bids Received: 12/27/79
IIISTC'RY Contract Awarded: 1/10/80
Preconstruction Meeting: 2/21/80
CONTRACT
T INE
STARTED
CONTRACT
T I,r.
SCHEDULED
CO.IPLETION
DATE
ACTUAL
C01•IPLETION
DATE
BID AMOUPI'T
CONTRACT
FINAL COST
5/12/80
CURRENT
ITEM FOR.
CONSIDERATION
100 ?•'erking days plus; 1 da-y delay from civil disturbance
1Q
dries
dela,-
from rain
15
days
dela-:r
for e%tr.a drainaF-e const.
49
days
delay
from utilitys
-93
days
✓
total
delay
2/4/81
(36 calendar days overrun of adjusted completion
3/12/81 date at $100.00 per C.D. = $3,600.00)
$ 499,662.00
$ 478,515.80 (Less $3,600.00 liquidated damages)
Resolution to accent completed work, assess $3,600.00
liquidated damages, and authorize final payrent to the
contractor.