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<br />..5: /,,£- ~ <br /> <br />As a result of the difference between the Engineer's estimate of $1,560,000 and the bid <br />amount of $2,750,000, The Covello Group and Kennedy/Jenks Consultants have actively <br />entered into discussions with D.W. Nicholson (DWN) to evaluate the variance between the <br />Engineer's Estimate and DWN's Bid price. As a result of these discussions, and the <br />subsequent value engineering that has been performed, it has been determined that the <br />concrete observation boxes and the underground piping are responsible for a large <br />percentage of the difference in estimates. As such, negotiations have been conducted with <br />DWN to arrive at a revised estimate and a project redesign that would eliminate the <br />concrete observation boxes and move the piping aboveground without compromising the <br />integrity of the facilities and/or their performance. The Covello Group and Kennedy/Jenks <br />Consultants have conducted these negotiations in a manner appropriate with public agency <br />contracting, and, as such, on July 30,2005 the above participants finalized a one (1) page <br />listing of items establishing a range of potential savings on the order of $601,000 to <br />$701,000. Most of these items were firm prices and established a revised bid price of <br />$2,050,000 to $2,150,000 and three (3) items required further clarification from <br />subcontractors, suppliers and the Engineer. It is the intent to finalize these value <br />engineering changes as part of future Contract Change Order No.1 (CCO No.1) as soon <br />as practicable after the issuance of the Notice to Proceed. In the interim, D.W. Nicholson <br />has entered into a Memorandum of Understanding with the South Bayside System <br />Authority to acknowledge the good faith, cooperative effort that has been engaged in <br />between the parties to accomplish the cost savings contemplated. <br /> <br />Overall, the anticipated construction costs for recycled water facilities under construction or <br />with firm bids at SBSA as of this time are within the December, 2004 refined costs <br />estimates on which the Council's approved Water Financing Plan is based. In summary: <br /> <br />Project Bid Packages <br />Disinfection, Storage & Pumping <br />Dual Media Filter Modifications + PlC <br />Connecting Pipes & Utilities <br />PG&E Service Connection <br />SBSA site prep, procurement + contingency <br />Estimated costs w/ construction contingency: <br />* Bid prices ** Refined Estimates <br /> <br />12/04 Estimate <br />$15,600,000 <br />$ 1,715,000 <br />$ 376,180 <br />$ 131,674 <br />$ 1,819,146 <br />$19,642,000 <br /> <br />Bid / Budget <br />$14,910,500* <br />$ 2,150,000* <br />$ 505,625** <br />$ 131,674* <br />$ 1,820,000** <br />$19,517,799 <br /> <br />Alternative <br />Redesign and Re-bid: The project team has studied this option and concludes that re- <br />bidding will not bring significant cost saving and would delay the project schedule. <br /> <br />Fiscal Impact <br />The Water Financing Plan was approved by the City Council on January 24, 2005, <br />concurrent with the Council's authorization to issue Water Revenue Bonds to finance the <br />construction of Phase One of the Recycled Water Project. Bond proceeds in the amount <br />of $32,822,484 were deposited into the project trustee account on March 1,2005. Funding <br />for this and other City-owned and SBSA-owned treatment, storage and pumping facilities is <br />available f[ the trustee account. <br /> <br />0 I Patterson <br />Cbmmunity Development <br />Services Director <br /> <br /> <br />() ¡¡ ~ ¡f- <br /> <br />Ed Everett v <br />City Manager <br /> <br /> <br />Chu Chang, P.E. <br />Manager, Engineering and <br />Construction <br />Page 2 of 2 <br />