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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 West Coast Paving, Inc., for the 2017 Lake Tahoe Boulevard-Road & Shoulder Damage/2017 South Upper Truckee Washout Project, Contract PW 17-31182, CIP 48925/48921, P&C 257-C1899; 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 Department of Transportation staff working with the Federal Highway Administration (Federal) and the California Office of Emergency Services (State) to obtain reimbursement.
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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 West Coast Paving, Inc. (Contractor), for the 2017 Lake Tahoe Boulevard-Road & Shoulder Damage/2017 South Upper Truckee Washout Project (Project), Contract PW 17-31182, CIP 48925/48921, P&C 257-C1899; 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 September 26, 2017 (Item 35). 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 $420,033.00
Contract Item Cost $319,139.55
Contract Change Order Cost $ 16,115.00
Total Direct Construction Cost $335,254.55
Direct Cons...
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