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Community Development Services, Department of Transportation, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Vinciguerra Construction, for the US 50/Missouri Flat Road Interchange - Phase 1B.2 Project, Contract PW 16-31149, CIP 71359, P&C 034-C1799; and
2) Approve and authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Department of Transportation, after the one-year guarantee period.
FUNDING: Congestion Mitigation and Air Quality (49% - Federal) and Master Circulation & Funding Plan Financing (51% - Local).
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DEPARTMENT RECOMMENDATION
Community Development Services (CDS), Department of Transportation (Transportation), recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance (NOA) with Vinciguerra Construction, for the US 50/Missouri Flat Road Interchange - Phase 1B.2 Project (Project), Contract PW 16-31149, Capital Improvement Program (CIP) Project 71359, P&C 034-C1799; and
2) Approve and authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Department of Transportation, after the one-year guarantee period.
DISCUSSION / BACKGROUND
The bid for the Project was awarded to Vinciquerra Construction (Contractor), with the Construction Contract approved by the Board on February 28, 2017 (Item 21). The bike path was open for public use on December 11, 2017.
Transportation has inspected the work and deems the work to be substantially complete. Recordation of the 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 $1,298,579.80
Contract Item Cost $1,221,973.91
Contract Chang...
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