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Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Authorize the Chair to sign the Notice of Acceptance with Cunningham and Sons, Inc. for the Rubicon Trail at Ellis Creek - Bridge Replacement Project, CIP No. 77117; and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Department after the one-year guarantee period.
FUNDING: Federal Highway Administration's Highway Bridge Program and Toll Credits Program.
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Reason for Recommendation
The contract for the Rubicon Trail at Ellis Creek - Bridge Replacement Project (Project) was approved by the Board on May 12, 2013. The Project was completed on October 10, 2013. Recordation of the Notice of Acceptance will start legal time frames for guarantees, a lien period and return of retention monies. Recordation of the Notice of Acceptance will also start the one-year time frame for releasing the Payment and Performance Bonds to the Surety.
The budget for direct construction costs for this Project, as reflected in the Transportation's 2013 Capital Improvement Program, was $1,049,000. The total direct construction costs of the Project is listed below:
Original Bid Price…………………………………. $ 624,606.50
Construction Contract Item Cost ………………… $ 614,933.75
Contract Change Orders…………………………. $ 0
Final Cost of Construction Contract………… $ 614,933.75
The final costs listed above 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 the Transportation's allocated authority will be brought back for the Board to review and approval in a subsequent agenda item.
Action to be taken following Board approval
1. The Chair will sign the Notice of Acceptance.
2. The Clerk of the Board will send the Notice of Acceptance to the Recorder/Clerk's Office for recordation w...
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