Liquidated Damages.doc

The document is a memorandum dated June 28, 2017, from Gary Schurman, Project Administration Department Supervisor, to Jay Jackus, Procurement Services Director. It discusses Project TR1703 and outlines the recommended contractual liquidated damages related to the Ring Avenue Parking lot and Roadway Construction project. The document provides a breakdown of the estimated daily costs incurred by the City due to project schedule overrun, categorizing costs for Professional Services such as Project Manager, Engineer, and Field Technician, as well as Project Manager and Field Services Technician. The total daily cost of these services is $448. The memorandum warns that actual damages may exceed the estimated amount.