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6.2.A. - Page 1 <br /> RE PO RT <br /> To the Honorable Mayor and City Council <br /> From the Cit Mana er <br /> February 6, 2012 <br /> SUBJECT <br /> Final Acceptance — 2010-2011 Street Overlay Project (East Bayshore — Veterans) <br /> RECOMMENDATION <br /> Accept, by motion, the 2010-2011 Street Overlay Project (East Bayshore — Veterans), <br /> and authorize the release of bonds and the retention according to city procedures. <br /> BACKGROUND <br /> On June 13, 2011, the City Council awarded a construction contract for the 2010-2011 <br /> Street Overlay Project (East Bayshore Road — Veterans Boulevard) to C.F. Archibald <br /> Paving, Inc., of Redwood City. The project was awarded for a base bid of <br /> $1,415,000.00. Construction began in July, 2011, and concluded in November, 2011. <br /> ANALYSIS <br /> The 2010-2011 Street Overlay Project resurfaced East Bayshore Road between <br /> Seaport Boulevard and Haven Avenue, and Veterans Boulevard between Whipple <br /> Avenue and Chestnut Street. Additionally, curb ramps were installed along the project <br /> corridor. The project was successfully completed in accordance with the plans and <br /> specifications and within the time allowed by the contract. Four change orders totaling <br /> $16,191.29 were issued. The final contract amount is $1,431,191.29, which is 1.1 % <br /> more than the contract amount initially awarded. Change orders resulted from quantity <br /> adjustments. <br /> A federal grant totaling $946,000.00 was awarded to the city for the work of this specific <br /> project and the remaining contract amount was funded through the City's other capital <br /> programs. <br /> ALTERNATIVES <br /> Council may choose not to accept the project or authorize the release of bonds and <br /> retention which would be contrary to the terms of the contract, prior Council action, and <br /> public contracting code. <br /> FISCAL IMPACT <br /> Sufficient funding for the work of this project was previously approved and appropriated <br /> as State Prop 42 -- Street Pavement Management Program, Transportation Fund <br /> (Measure "A") -- Street Pavement Management Program, and Various Transportation <br /> Grants -- Street Pavement Management Program. <br />