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HomeMy WebLinkAbout- - Traffic Congestion Relief Fund No. 09-28 - 10/19/2010CITY COUNCIL AGENDA REPORT MEETING DATE: OCTOBER 19, 2010 ITEM NUMBER: SUBJECT: TRAFFIC CONGESTION RELIEF FUND (TCRF) PROJECT - CITY PROJECT NO. 09-28 DATE: OCTOBER 7, 2010 FROM: PUBLIC SERVICES DEPARTMENT/ENGINEERING DIVISION PRESENTATION BY: PETER NAGHAVI, DIRECTOR, DEPARTMENT OF PUBLIC SERVICES FOR FURTHER INFORMATION CONTACT: ERNESTO MUNOZ, CITY ENGINEER, (714) 754-5335 RECOMMENDATION: 1. Accept the work performed by Elite Bobcat Services and authorize the City Clerk to file the Notice of Completion. 2. Release the Labor and Material Bond seven (7) months after the filing date; release the Faithful Performance Bond one (1) year after the filing date; and release the retention monies 35 days after the Notice of Completion filing date. BACKGROUND: On February 2, 2010, a construction contract in the amount of $974,567.63 was awarded to Elite Bobcat Services, 1320 East 6th Street, #100, Corona, California, 92879. This project provided needed pavement rehabilitation to ten (10) streets. The streets and their limits of work are listed on Attachment 1. The pavement rehabilitation for these street segments consisted of milling and overlaying with new asphalt concrete. Additional work under this contract included localized reconstruction of damaged curb and gutter, sidewalks, driveway approaches, and construction of curb ramps; traffic control; traffic striping; and all other incidental work necessary to complete the project. Before Rehabilitation Rehabilitation Completed 1 ANALYSIS: The work as required by the contract documents was completed on September 1, 2010 to the satisfaction of the City Engineer. The final contract cost amounted to $842,281.07. A report of the final costs is shown herein as Attachment 2. A summary of the costs is as follows: Original Contract Cost: $974,567.63 Final Quantity Adjustment: ($132,286.56) Final Contract Cost: $842,281.07 The final contract price reflects a 13.57 percent (13.57%) decrease to the original contract as a result of the aforementioned final quantity adjustments. As of this date, there are no Stop Notices filed against the monies due to Elite Bobcat Services. ALTERNATIVES CONSIDERED: There were no alternatives considered for this item. FISCAL REVIEW: This project was funded by Traffic Congestion Relief Fund revenues. LEGAL REVIEW: There is no legal review required on this item. CONCLUSION: The Traffic Congestion Relief Fund (TCRF) Project, City Project No. 09-28 has been completed. It is recommended that the City Council authorize staff to file the Notice of Completion; release the remaining retention monies 35 days after the Notice of Completion filing date; and release the bonds accordingly. ERNESTO MUNOZ City Engineer ATTACHMENTS 1. Listing of Streets 2. Cost Summary DISTRIBUTION: City Manager City Attorney City Clerk Staff File PETER NAGHAVI, Director Department of Public Services E