Title
Department of Transportation recommending the Board:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Dirt and Aggregate Interchange, Inc. for the Guardrail Upgrades Multiple Locations - West Slope Project, Capital Improvement Program 36105075, Contract 7590; and
2) Approve and authorize the Clerk of the Board to release the Payment and Performance Bonds to the contractor's Surety upon notification from the Department of Transportation, after the one-year guarantee period.
(District 5)
FUNDING: Highway Safety Improvement Program (100% - State).
Body
DISCUSSION / BACKGROUND
The contract for the Guardrail Upgrades Multiple Locations - West Slope Project (Project) was approved by the Board on July 25, 2023 (Legistar File 23-1331). Construction started on November 6, 2023, and construction was substantially completed on June 6, 2024. Recordation of the Notice of Acceptance (NOA) will start legal time frames for guarantees, a lien period, and return of retention monies. Recordation of the NOA will also start the one-year time frame for releasing the Payment and Performance Bonds to the Surety.
Direct Construction Cost Summary:
Original Bid Price $476,476.00
Contract Item Cost $476,476.00
Contract Change Order Cost $ 0.00
Total Direct Construction Cost $477,364.00
Direct Construction Budget $594,100.00
There were zero contract change orders associated with this contract.
The final costs listed are estimates. Transportation will be closing out the Project with the Contractor and finalizing costs over the coming weeks. Any significant deviations from the estimates above that exceed Transportation’s allocated authority will be brought back for the Board for review and approval in a subsequent agenda item.
ALTERNATIVES
The Board could choose not to approve the NOA. Transportation staff would make modifications as directed by the Board and return for Board approval of the NOA. This would delay the release of the Paymen...
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