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Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Bugler Construction for the Mt. Aukum Road at North Fork Cosumnes River - Bridge Maintenance Project, CIP No. 77130; 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 after the one-year guarantee period.
FUNDING: Regional Surface Transportation Program Rural Exchange Funds and Highway Bridge Program (Federal Funds).
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Reason for Recommendation
The contract for the Mt. Aukum Road at North Fork Cosumnes River - Bridge Maintenance Project (Project) was approved by the Board on January 14, 2014. The Project was completed on May 6, 2014. 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 $350,000. The total direct construction costs of the Project is listed below:
Original Bid Price…………………………………. $ 314,982.80
Construction Contract Item Cost ……………. $ 303,660.80
Contract Change Orders……………………..... $ 6,000.00
Final Cost of Construction Contract………… $ 309,660.80
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.
Clerk of the Board action to be taken following approval:
1. The Clerk will obtain the Chair's signature on the Notice of...
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