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Chief Administrative Office, Airports and Cemeteries Division, recommending the Board take the following actions pertaining to the Georgetown Airport - Crack Seal, Joint Seal, & Mark Runway, Taxiways, Aprons & T-Hangar Taxilanes; Change Runway End ID Project, Contract PW 17-31164, FENIX 3133, CIP 93527:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Maxwell Asphalt, Inc.; and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Airports and Cemeteries Division after the one-year (1-year) guarantee period.
FUNDING: Federal Aviation Administration Grant - Federal Funds (90%) and Accumulative Capital Outlay Funds (10%).
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DISCUSSION / BACKGROUND
The contract for the Georgetown Airport - Crack Seal, Joint Seal, & Mark Runway, Taxiways, Aprons & T-Hangar Taxilanes; Change Runway End ID Project (Project) was approved by the Board on September 12, 2017 (Item 10). Construction was substantially completed on September 5, 2018. 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 (1-year) time frame for releasing the Payment and Performance Bonds to the Surety.
Direct Construction Cost Summary:
Original Bid Price $ 243,362.60
Contract Item Cost $ 229,996.92
Contract Change Order Cost ($ 13,365.68)
Total Direct Construction Cost $ 229,996.92
Direct Construction Budget $ 307,254.00
There was one Contract Change Order on the Project for a decrease of $13,365.68 to balance the final material quantities used during Project construction.
The costs listed in the Direct Construction Cost Summary above are estimates. The Airport and Cemeteries Division 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 C...
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