AgdaPkt 2019-05-20 Joint SA PFA - Laserfiche WebLink

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6.C. - Page 1 of 4 /<�ik Redwood CitylCallifornia Faunded 1867 A,&/ DATE: May 20, 2019 SUBJECT STAFF REPORT To the Honorable Mayor and City Council From the City Manager Final Acceptance - Redwood City School District Safe Routes to School Project (Adelante, Hawes, John Gill, Roosevelt, and Roy Cloud) RECOMMENDATION By motion, accept the Redwood City School District Safe Routes to School Project (Adelante, Hawes, John Gill, Roosevelt, and Roy Cloud), and authorize the release of bonds and the retention according to City procedures. STRATEGIC INITIATIVE Transportation BACKGROUND On April 23, 2018, the City Council approved the Award of Contract for the Redwood City School District Safe Routes to School Project to construct improvements that reduces crosswalk distance and increase the safety of pedestrians for five schools (Adelante, Hawes, John Gill, Roosevelt, and Roy Cloud). The Project improvements included accessible sidewalk, curb ramps, high visibility crosswalks, and bulb -outs. The initial contract amount was $728,066.40 and the final cost of project for completion was $696,196.04. ANALYSIS The contractor, Sposeto Engineering, Inc. has completed the construction of improvements in accordance with the Agreement, the project plans, the project specifications, and to the satisfaction of the City's Engineering and Transportation Division. The contractor provided a faithful performance bond and a labor and material bond, each in the amount of $728,066.40 that can be released at this time. These bonds will be replaced by a Guaranty that guarantees for all construction performed, and all material and equipment incorporated therein, which will be held for a period of one year. This Guaranty is a warranty in the event City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore 75