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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 Lamon Construction Company, Inc., for the 2017 Mt. Aukum Sinkhole Project, Contract PW 17-31155, CIP 78713, P&C 443-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: Local and State discretionary funding initially (100%), with Transportation staff working with the Federal Highway Administration/Caltrans District 3 Local Assistance and the California Office of Emergency Services to obtain emergency reimbursement for up to 93.75%.
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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 Lamon Construction Company, Inc. (Contractor), for the 2017 Mt. Aukum Sinkhole Project (Project), Contract PW 17-31155, Capital Improvement Program (CIP) 78713, P&C 443-C1799; and
2) Approve and authorize the Clerk of the Board to release the Payment and Performance Bonds to the Surety upon notification from Transportation, after the one-year guarantee period.
DISCUSSION / BACKGROUND
The contract for the Project was approved by the Board on March 28, 2017 (Item 26). The roadway was opened to motorists on May 12, 2017. 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 $469,032.78
Contract Item Cost $492,070.60
Contract Change Order Cost $ 81,475.00
Total Direct Construction Cost $573,545.60
Direct Co...
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