Title
Amendment to the 2014 Capital Improvement Program: Increase Funding for Project B-456, the Bridge on 103rd St. W. between 71st and 79th St. S. District 2.
Body
Recommended Action: Approve the amendment to the 2014 Capital Improvement Program.
On April 29, 2014, bids were received for construction of this bridge. The low bid was submitted by King Construction in the amount of $940,163.55. The Engineer's estimate for the project was $1,070,459.50 but the project was budgeted for $750,000. In order to proceed with the contract, the CIP must be amended.
Alternatives: Reject all bids and cancel the project or re-let the project at a later date.
Financial Considerations: The project is funded with cash from sales tax. The additional funds needed to proceed with the project will be moved from cost savings in a CIP project that has already been completed. Sources are:
Current 2014 Budget $750,000
B-443 $307,307
Total $1,057,307
Legal Considerations: The Board of County Commissioners is authorized to amend the Capital Improvement Program under K.S.A. 19-120
Policy Considerations: