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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 Martin Brothers Construction, for the 2017 Tahoe Basin Pavement Rehabilitation Project, Contract PW 17-31187, CIP 49307, P&C 214-C1811; 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. (100%)
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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 Martin Brothers Construction (Contractor), for the 2017 Tahoe Basin Pavement Rehabilitation Project (Project), Contract PW 17-31187, CIP 49307, P&C 214-C1811; 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 August 29, 2017 (Item 55). All roadway repairs were completed by October 28, 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 $1,859,354.00
Contract Item Cost $1,808,762.46
Contract Change Order Cost $ 4,099.04
Total Direct Construction Cost $1,863,453.04
Direct Construction Budget $2,113,503.70
Major Contract Change Orders on the Project dealt with the following:
ยท Removal of unsuitable material found during the removal of asphalt concrete on Meadowvale Drive...
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