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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 North Star Construction and Engineering, Inc. for the Lake Tahoe Blvd. Erosion Control/ Stream Environment Zone Project, CIP 95163/95175, Agreement PW 14-31076, P&C 394-C1599; and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Community Development Agency, Transportation Division after the one-year guarantee period.
FUNDING: Project is funded by United States Forest Service Grants (38%), Tahoe Regional Planning Agency (31%), California Tahoe Conservancy (17%), and Regional Surface Transportation Program (14%). (Federal Funds)
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DEPARTMENT RECOMMENDATION
Community Development Agency, Transportation Division, recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with North Star Construction and Engineering, Inc. for the Lake Tahoe Blvd. Erosion Control/ Stream Environment Zone Project, CIP Nos. 95163/95175, Agreement PW No. 14-31076, P&C No. 394-C1599; and
2) Authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from the Community Development Agency, Transportation Division after the one-year guarantee period.
DISCUSSION / BACKGROUND
The contract for the Lake Tahoe Blvd Erosion Control/Stream Environment Zone Project (Project) was approved by the Board on July 28, 2015. Construction was substantially completed on October 12, 2015. 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.
Direct Construction Cost Summary:
Original Bid Price $ 344,745.00
Contract Item Cost $ ...
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