02-12-2024 CC Agenda Packet - Laserfiche WebLink

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Agreement No. PW 55-08-23 CSAH No. 112; C.P. 2091103 6 ___ purposes only, Long Lake’s share in Contract Construction Costs is currently estimated to be $30,680. The respective proportionate shares of the pro-rata pay items included in Exhibit A shall remain unchanged throughout the life of this Agreement. The Parties each understand and agree that the amount as shown in Exhibit A is an estimate of Long Lake’s Contract Construction Costs on the Project and the unit prices set forth in the contract with the successful bidder and the final quantities as measured by the County Engineer's designated representatives shall govern in computing and apportioning the Parties’ total final Contract Construction Costs for the Project. The final quantities as measured by the County Engineer's designated representatives for contract pay items in which Long Lake is participating shall be subject to the review and approval by the Long Lake’s City Engineer. Orono’s Design Engineering and Construction Engineering Costs. Orono’s Cost Participation shall also include reimbursement to the County for Orono’s proportionate share of the Design Engineering Costs and the Construction Engineering Costs for the Project. Orono’s share of the Design Engineering Costs shall be equal to twelve percent (12%) of the total final amount of Orono’s share of the Contract Construction Costs for the Project. For informational purposes only, Orono’s share in Design Engineering Costs is currently estimated to be $34,946. Orono’s share of the Construction Engineering Costs shall be equal to ten percent (10%) of the total final amount of Orono’s share of the Contract Construction Costs for the Project as specified in Subsection 3.1 above. For informational purposes only, Orono’s share in Construction Engineering Costs is currently estimated to be $29,122. The Parties understand and agree that Orono’s proportionate shares of the Design Engineering and Construction Engineering Costs as listed in Exhibit A are estimated, and Orono’s actual proportionate shares will be computed using the total final amount of Orono’s share of the Contract Construction Costs for the Project. Long Lake’s Design Engineering and Construction Engineering Costs. Long Lake’s Cost Participation shall also include reimbursement to the County for Long Lake’s proportionate share of the Design Engineering Costs and the Construction Engineering Costs for the Project. Long Lake’s share of the Design Engineering Costs shall be equal to twelve percent (12%) of the total final amount of Long Lake’s share of the Contract Construction Costs for the Project. For informational purposes only, Long Lake’s share in Design Engineering Costs is currently estimated to be $3,347. Long Lake’s share of the Construction Engineering Costs shall be equal to ten percent (10%) of the total final amount of Long Lake’s share of the Contract Construction Costs for the Project as specified in Subsection 3.1 above. For informational purposes only, Long Lake’s share in Construction Engineering Costs is currently estimated to be $2,789. The Parties understand and agree that Long Lake’s proportionate shares of the Design Engineering and Construction Engineering Costs as listed in Exhibit A are estimated, and Long Lake’s actual proportionate shares will be computed using the total final amount of Long Lake’s share of the Contract Construction Costs for the Project. 4.Payment. Amount Due. The Cities agree to pay the Cities’Cost Participation amount as described herein. 269