Report to Mayor and City Council
Tuesday, September 07, 2021
Consent
SUBJECT:
Title
CONSIDER AUTHORIZATION TO EXPEND ADDITIONAL CONSTRUCTION CONTINGENCY FOR PROJECT NO. 1422 BROADWAY INTERSECTION IMPROVEMENTS - TRAFFIC SIGNAL MODIFICATIONS (CITY COUNCIL)
Body
I. SUMMARY
Project No. 1422: Broadway Intersection Improvements - Traffic Signal Modifications on Broadway from Victoria Street to Alondra Boulevard is one of the City's Capital Improvement Program (CIP) projects and currently under construction (Exhibit No. 1).
This project includes the design, modification, and upgrade of five signalized intersections on Broadway. The intersections are on Broadway at (1) Victoria Street, (2) a pedestrian crossing south of Albertoni Street, (3) Albertoni Street, (4) Gardena Boulevard, and (5) Alondra Boulevard. The project will improve the operation, efficiency, safety and visibility of these five signalized intersections.
On October 6, 2020, a construction contract (exhibit No. 2) was awarded to the lowest responsive/responsible bidder in the amount of $1,188,835.00, and a construction contingency of $118,883.50 (10%) was also authorized.
There have been several unforeseen items such as additional foundation removal, unmarked utility lines, conduits, and material price increases that need to be addressed to complete this project. To cover pending change order requests submitted by the contractor, other additional work, and other unforeseen construction work that may be required to complete the project, the City Council is requested to authorize the expenditure of additional funds in the amount of $90,000.00.
Staff requests that City Council adopt a Resolution No. 21-111 amending current Fiscal Year 2021-2022 Budget in Special Revenue Fund, to increase the City Council budget for this project by $90,000.000 (Exhibit No. 3).
II. RECOMMENDATION
Recommendation
TAKE the following actions:
1. AUTHORIZE additional contingency funds in the amount of $90,000.00 ...
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