Title
Transportation Department recommending the following pertaining to the White Rock Road Realignment and Widening Project 72401 (Manchester Drive to Latrobe Drive):
1) Award construction contract to the lowest responsive, responsible bidder; said bidder to be determined after the bid opening scheduled for October 11, 2007;
2) Authorize Chairman to sign said contract with the lowest responsive, responsible bidder, subject to review and approval of the final contract documents by County Counsel and Risk Management; and
3) Authorize the Director of said Department to sign change orders for necessary items of work identified in the supplemental funds summary.
FUNDING: The provisions of the Funding, Credit, and Reimbursement Agreement between West Valley, LLC and the County of El Dorado require that the developer of West Valley advance fund the construction of the White Rock Road Project through the prepayment of El Dorado Hills Traffic Impact Mitigation (TIM) fees. A bond was issued and a portion of the proceeds were used to prepay $23 million in El Dorado Hills TIM fees. These prepaid fees are held in a segregated fund and will be utilized to fund the Latrobe Road and White Rock Road improvements, which include this project.
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BUDGET SUMMARY:
Total Estimated Cost $ 4,760,000
Funding
Budgeted $ 4,760,000
New Funding $
Savings $
Other $
Total Funding Available $ 4,760,000
Change To Net County Cost $ 0
Fiscal Impact/Change to Net County Cost:
The cost associated with the construction phase of this project is estimated at $ 5,360,000, which includes an estimated bid of $4,760,000: a base cost of $4,240,000, supplemental items at $87,000 and contingency of $433,000. Construction management and material testing, which will not be a part of the subject bid, add an additional $600,000 to the project cost.
Funding for all costs associated with this project have been ad...
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