Dept/ Agency: Water and Sewer Utilities Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Change Order/Amend Resolution 7R12-c adopted on February 6, 2014 Purpose: Execute Contract Close Out and Final Quantities Change Order No. 01 Entity Name: Spiniello Companies Entity Address: 354 Eisenhower Parkway, Livingston, New Jersey 07039 Contract Amount: $7,726,500.00 (Original Contract Amount) - $686,605.70 (Contract Amount Reduced) = $7,039,894.30. Funding Source: Water and Sewer Utility Capital Budget Contract Period: 320 Calendar Days until Final Completion Contract Basis: (X ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ ( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a Additional Information: Original Contract Amount: $7,726,500.00, Reduced for Unused Quantities: $695,746.50, Credit in the amount of: $600.00, Increase for additional work: $1,935.00, Increase for Settlement: $7,805.80, Net Amount of $686,605.70 To Be Reduced from the Contract Amount, Resulting Final Contract Amount: $7,039,894.30 Final Quantities Change Order and Contract Close-Out reducing the total contract amount by $686,605.70.