DEPARTMENT: Transportation and Capital Improvements
DEPARTMENT HEAD: Mike Frisbie (TCI)
COUNCIL DISTRICTS IMPACTED: 2, 4 and 10
SUBJECT:
Settlement of Claims by City
SUMMARY:
Consideration of the following items related to settlement of claims:
A) An ordinance authorizing a negotiated agreement with Yantis Company, for a $514,357.04 payment to Yantis Company, to settle issues associated with the construction of 36th Street (US 90 to Growden), Walters Street, Jones Maltsberger (Redland Road to Thousand Oaks) and Indian Creek Channel Improvements Projects.
B) An ordinance authorizing a negotiated agreement with E-Z Bel Construction, LLC, for a $284,709.34 payment to E-Z Bel Construction, LLC, to settle an issue associated with the construction of Fort Sam Houston Transportation Project.
BACKGROUND INFORMATION:
These ordinances regarding Settlement of Claims by the City authorizes approval of negotiated agreements with EZ Bel Construction and Yantis to settle issues associated with projects listed below. Upon completion of these Projects, these contractors filed certain claims for additional incurred costs for extended contract days. The City and Contractor reviewed time delays and additional costs incurred and agreed to settle these matters as a total lump sum agreement.
The lump sum agreement settlement amount compensates the contractor for overhead costs incurred for the extended contract days. Overhead costs include costs for non-hourly, project-specific, employees, equipment, jobsite facilities and services at a project site that are incurred by a contractor, regardless of the quantity of work accomplished.
A) City contracted with Yantis Company to perform construction of four 2007 - 2012 Bond Projects, which included: 36th Street (US 90 to Growden), Walters Street, Jones Maltsberger (Redland Road to Thousand Oaks) and Indian Creek Channel Improvements. Upon completion of the work, certain claims remained un...
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