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HomeMy WebLinkAbout12/20/2017 7QAGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Change Order No. 4 with Study Session Date: Johansen Excavating, Inc. for the Lebo COUNCIL MEETING Date: Boulevard Roadway Improvement Project; Department: and Budget Adjustment for Project Closeout Presenter: Phone: 7Q December 13, 2017 December 20, 2017 PW&U Rick Zimburean 360-473-5334 SUMMARY: The attached spreadsheets detail the Lebo project budget, current expenses, and anticipated final amounts. We anticipate this revised project budget will exceed the current $6,581,150 budget by $411,851 (6.3%), with Council's approval of Change Order 4 (attached). The added project expense detailed in Change Order 4 is due primarily to increased material quantities which were either incorrectly calculated by the project design team, or became necessary due to conditions encountered in the field. Please note we expect the Transportation Improvement Board will provide additional funding to defray a significant amount of this additional expense; however, the additional TIB commitment has not yet been finalized. ATTACHMENTS: 1. Change Order No. 4 2. Lebo Boulevard Roadway Improvement Project Financial Summary Spreadsheet 3. Lebo Boulevard Roadway Improvement Project Financial Detail FISCAL IMPACTS (Include Budgeted Amount): The Lebo Boulevard Road Improvement Project budget is $6,581,150 and is funded from the Transportation Improvement Board, the City's Stormwater Utility, and the City's Water Utility. This action will increase the project budget to $6,993,001 and increase/decrease the funding elements of the original project revenue budget plan as follows: TIB Grant: increase $532,007; Stormwater Capital Fund: decrease $252,675; Sewer Capital Fund: add $87,202; Water Capital Fund: increase $45,318. Please note the Transportation Improvement Board Executive Director has not yet committed to the grant increase. If TIB participation is less than projected, the difference is proposed to be provided from the City's Stormwater Capital Fund. STUDY SESSION AGENDA: 1 ❑ No. Presentation © Full Presentation STUDY SESSION ACTION: ® Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve Change Order No. 4 for the Lebo Boulevard Roadway Improvement Project; increase the Project Budget to $6,993,001; authorize the Mayor to finalize and execute Change Order No. 4; and authorize the Mayor to finalize and execute subsequent change orders necessary to close out the project, within the revised project budget, with substantially the same terms and conditions as presented. COUNCIL ACTION: dApprove Form Updated 01/07/15 ❑ Deny ❑ Table ❑ Continue ❑ No Action