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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 Rapid Construction, Inc., for the CSA 5 Erosion Control Project, CIP 95157, Agreement PW 16-31118, P&C 083-C1799; 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: United States Forest Service Grant (76%) (Federal Funds), Tahoe Regional Planning Agency Water Quality Mitigation Funds (3%), and County Service Area 5 Assessment Funds (21%).
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DEPARTMENT RECOMMENDATION
Community Development Agency, Transportation Division (Transportation), recommending the Board consider the following:
1) Approve and authorize the Chair to sign the Notice of Acceptance with Rapid Construction, Inc., for the CSA 5 Erosion Control Project (Project), CIP 95157, Agreement PW 16-31118, P&C 083-C1799; 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 Project was approved by the Board on August 16, 2016 (Item 16). Construction was substantially completed on October 21, 2016. 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 guarantee period for releasing the Payment and Performance Bonds to the Surety.
Direct Construction Cost Summary:
Original Bid Price $ 496,694.00
Contract Item Cost $ 521,372.40
Contract Change Order Cost $ 4,500.00
Total Direct Construction Cost $ 525,872.40
Direct Construction Budget $ 545,000.00
This Project's only contract change order pr...
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