Laserfiche WebLink
Contingency Increase <br />Broadway Rehabilitation Project <br />April 15, 2014 <br />Page 2 <br />The underground work on Broadway south of 17th Street is nearly completed, and the pavement <br />conditions have been fully revealed. Staff is anticipating similar conditions north of 17th Street and <br />staff therefore recommends making financial preparations to accommodate cost extras without <br />delaying the construction activities. This is critical now that the project is in the second half of the <br />construction phase. <br />ENVIRONMENTAL IMPACT <br />There is no environmental impact associated with this action. <br />FISCAL IMPACT <br />Funding for the increased construction contingency of $650,000 for the Broadway Rehabilitation <br />and Water Main Improvements Project is available as follows: <br />• $200,000 - Traffic Congestion Relief HUT Fund (Account 05917663 - 66220) <br />$450,000 - Water Utility Capital Projects Fund (Account 06617647 - 66301). <br />The Revised Cost Analysis (Exhibit 1) has been adjusted to reflect the total estimated project <br />delivery cost of $5,813,430.65. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />G� ' �k� 6c13` .1 <br />Edwin "William" G [Vez, P.E. Francisco Gutierrez <br />Interim Executive Director Executive Director <br />Public Works Agency Finance & Management Services Agency <br />EWG /tc <br />Exhibit: 1. Revised Cost Analysis <br />23A -2 <br />