Title
Capital Improvements Program Amendment NCAT Water Intrusion Repairs
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Recommended Action: Approve the request of providing additional funding in the amount of $172,191.90 from the CIP Reserve Fund to facilitate the CIP Amendment for the NCAT Water Intrusion Repairs.
NCAT panel repair/replacement was approved as a 2018 CIP Amendment, using funds received from a legal settlement in 2016. The amount available for this project after legal fees and design is $174,308.10.
This project went out to bid in January of 2018 and all bids received back were $150,000.00 over budget and included a high probability of increased costs based on potential unforeseen and unknown conditions found during the repair.
An alternative product solution was also explored but was estimated to be more than $200,000.00 over budget and would be an entire material change to the exterior of the building.
Project Services and SJCF Architecture re-evaluated the bid documents and scope of work in an effort to provide a clearer and more defined scope of work as well as seeking a “not to exceed” bid. A new bid form was organized and released July of 2018. Two bids were received in August 2018, the lowest bid was $330,000.00, which leaves a budget shortfall of $155,691.90. This shortfall and a 5% project contingency results in the total amount of $172,191.90 additional funds being requested.
Alternatives: NA
Financial Considerations: Sufficient budget authority exists in the CIP Reserve Fund for this CIP Amendment and the $155,691.90 will be transferred from the CIP Reserve to the project upon approval of the CIP Amendment.
Legal Considerations: NA
Policy Considerations: NA