Title
Transportation Department recommending Chairman be authorized to sign Agreement for Services AGMT 08-1772 with CALTROP Corporation in an amount not to exceed $2,500,000 for a term commencing October 7, 2008 to the later of County's recordation of the Notice of Completion for the Project or resolution of all construction claims, if any, associated with the Project, to provide construction support services for the U.S. 50 High Occupancy Vehicle Lanes (HOV), Phase 1 - El Dorado Hills to Bass Lake Grade Project (JN 53110).
RECOMMENDED ACTION: Approve.
FUNDING: Traffic Impact Mitigation (TIM) Fee Program.
Body
BUDGET SUMMARY:
Total Estimated Cost $2,500,000
Funding
Budgeted* $1,000,000
New Funding $
Savings $
Other** $1,500,000
Total Funding Available $2,500,000
Change To Net County Cost $0
*Included in Fiscal Year 2008/2009 Budget Addenda and the most recent Five-Year Capital Improvement Program.
**To be budgeted in subsequent Fiscal Years.
Fiscal Impact/Change to Net County Cost:
The Transportation Department (Department) budgeted $1,000,000 in Fiscal Year (FY) 2008-09 and anticipates budgeting the remaining $1,500,000 in FY 2009-10 and FY 2010-11. Funding for this Agreement will be provided by Traffic Impact Mitigation (TIM) Fee Program funds. There is no Net County Cost.
Background:
On April 22, 2008, the Board approved Caltrans Cooperative Agreement 03-ED-50 PM 0.0/2.9 (County AGMT 08-1685) defining the responsibilities and terms and conditions by which Caltrans and El Dorado County together will construct the High Occupancy Vehicle (HOV) and bus lanes on U.S. Highway 50 from Latrobe Road to the Bass Lake Grade, including replacement of the mainline bridges at El Dorado Hills Boulevard/Latrobe Road. The U.S. 50 HOV Lanes, Phase 1 - El Dorado Hills to Bass Lake Grade Project (Project) is Phase 1 of a larger plan to add HOV lanes to U.S. Highway 50 from El Dorado Hills to Shingl...
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