HomeMy WebLinkAboutPW15-284 - Other - Letter of Understanding - KBA, Inc. - Central Ave S Pavement Preservation & Utility Improvements - 08/25/2015 Records al emeri
KENT Document
WASHINGTON
[ I I
CONTRACT COVER SHEET
This is to be completed by the Contract Manager prior to submission
to City Clerks Office. All portions are to be completed.
If you have questions, please contact City Clerk's Office.
Vendor Name: KBA
Vendor Number:
JD Edwards Number
Contract Number: PV11 -Z-'?3"i— w6
This is assigned by City Clerk's Office
Project Name: Central Ave. S. Pavement Preservation and Utility Improvements
Description: ❑ Interlocal Agreement ❑ Change Order ❑ Amendment ❑ Contract
M Other: Letter of Understanding
Contract Effective Date: 8/25/15 Termination Date: 9/1/16
Contract Renewal Notice (Days):
Number of days required notice for termination or renewal or amendment
Contract Manager: Eric Connor Department: Engineering
Contract Amount: 1.00
Approval Authority: (CIRCLE ONE) E
partment Director Mayor City Council
Detail: (i.e. address, location, parcel number, tax id, etc.):
Letter of Understanding to resolve $1.00 discrepancy in Supplemental Agreement No. 2.
As af: 08/27/14
August 18,2015
Mr. Eric Connor
City of Kent
220 41h Avenue S.
Kent,WA 98032
RE: LETTER OF UNDERSTANDING
City Agreement#LA-8224/STPUL-1071(006)/KBA Project#015014-01
Central Avenue S. Pavement& Utility Improvements
Eric,
This Letter of Understanding Is Issued to resolve a minor discrepancy In the recent Supplemental No. 2
executed August 10,2015, under the above mentioned Agreement.
The "New Maximum Amount Payable" Is shown correctly at$62,224.00 In Supplemental No, 2;
however,the added amount shown In Section V—Payment Is noted Incorrectly at$28,300,00. This
amount should be$28,299.00, The original Maximum Amount Payable of$33,925.00 plus the addition
of$28,299.00=the New Maximum Amount Payable of$62,224.00,as shown. The discrepancy occurred
due to a rounding error between the Excel worksheet used to determine the amount needed for this
Supplement and the Summary of Payments spreadsheet Included in Exhibit A.
if the City Is in agreement with this remedy to correct a $1.00 discrepancy in Supplemental No. 2, please
sign where indicated below and return a .pdf copy to my attention. This letter will be retained in both
parties' contract files for this Project.
If you have any questions or concerns, please feel free to give me a call directly at 425-214-5079. Thank
you.
Best regards,
KBA, IN
D Borah Ottum,CPCM
Contracts Administration Manager
City of Kent Vate
KBA,INC.(MAIN OFFICE) 112015E8th Street,Suit e160 Bellevue,Washington98004 T4254559720 F4254559732 KBRCM.coin
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