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<br />¿/E-¿ <br /> <br />Above and beyond the normal unanticipated changes on the project, which usually <br />account for about 10% in Change Orders(CCO's), this project also suffers from <br />,additional factors such as design changes, utility delays, changes requested by <br />Belmont (paid for by Belmont, but nevertheless, escalates the contract value), changes <br />requested by Caltrans, and delay mitigations. Furthermore, Caltrans formatted projects <br />compensate Contractors based strictly on field quantity measurement, rather than <br />quantity shown on plans. These two figures can differ significantly, since plan quantity <br />can only account for anticipated items below ground surfaces. <br /> <br />To date, the project is more than 83% complete and paid for. Work on the project is <br />progressing as anticipated. The majority of underground utility work, civil work <br />(constructing or reconstructing roadways), and electrical work are complete. The Island <br />Parkway Bridge structure, which will carry traffic over the northbound diagonal on-ramp <br />from Marine Parkway, is complete. By the last half of October, all improvements, <br />except for Island Parkway, should be completed. The project is anticipated to be <br />completed by the last quarter of 2005. <br /> <br />The current amount of the CCO's is at 15%, which is the limit of authorization granted <br />to the City Manager. Staff recognizes that more CCO's will be required to cover future <br />unforeseen conditions, final quantity adjustments, and unresolved disputed items. <br />Therefore, staff is requesting an additional authorization to issue CCO's up to a <br />maximum amount not to exceed 20% of the original contract value. <br /> <br />Alternative <br />The alternative is not to authorize the additional contract value. The result will be the <br />delay in the construction activities and the associated delay claims. <br /> <br />Fiscal Impacts <br />There are no fiscal impacts to the City's General Fund for this project. The table above <br />depicts the funding sources. There are sufficient contingency funds in the project <br />budget to cover the additional increase in contract value. <br /> <br /> <br />~ <br /> <br />~~ <br /> <br />Chu Chang, P.E. <br />Manager, .~eering & C~nstruction <br /> <br /> <br />Ed Everett ~ <br />City Manager <br /> <br />SPV:ss <br />sIlibrary/reportsIRalston 101 - Authority to exceed 15% <br /> <br />Page 2 of 2 <br />