SS9301-CS 930212 MEMO
To: Misty Roper, Account/Payroll Clerk
From: Kenneth M. Griffin, P.E., City Engineer ~
RE: Invoice From Ginn, Inc. for Grapevine Creek
Date: February 12, 1993
As an informational item, you are correct in stating that a contract was awarded to Ginn, Inc.
in March, 1991, in a total amount of $347,300.00. However, that contract was based on a
percentage of the estimated cost of the project. Since that time, the estimated cost of this project
has substantially escalated from the original estimated cost of $1.77 million. The project
actually was awarded in the amount of $2.8 million. Each time this project was discussed with
City Council, it was noted that the engineering design cost would escalate as the price of the
project escalated. Based on the amount bid on this project, the estimated total compensation to
Ginn will be in the neighborhood of $411,000.
If you have any questions, I would be happy to discuss this with you.
cc: Frank Trando. Finance Director/Deputy City Manager