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HomeMy WebLinkAbout15 - C-3448 BA-013 - Hazel Avenue Pavement RehabilitationSeptember 24, 2002 CITY COUNCIL AGENDA ITEM NO. 15 TO: Mayor and Members of the City Council FROM: Public Works Department SUBJECT: HAZEL AVENUE PAVEMENT REHABILITATION, CONTRACT NO 3448 — COMPLETION AND ACCEPTANCE RECOMMENDATIONS: 1. Accept the work. 2. Authorize the City Clerk to file a Notice of Completion. Authorize the City Clerk to release the Labor and Materials bond 35 days after the Notice of Completion has been recorded in accordance with applicable portions of the Civil Code. 4. Release the Faithful Performance Bond 1 year after Council acceptance. 5. Approve a Budget Amendment appropriating $15,739.99 from the Measure M Tumback Fund balance to Account No. 7281- C5100639 for this project. DISCUSSION: On June 25, 2002, the City Council authorized the award of the Hazel Avenue Pavement Rehabilitation contract to Hardy and Harper, Inc., of Santa Ana, California. The contract provided for the reconstruction of portions of deteriorated roadway, the grinding and overlaying other portions of roadway, construction of a gutter and a cross gutter, construction of access ramps, and replacement of uplifted curb and gutter. The contract has now been completed to the satisfaction of the Public Works Department. A summary of the contract cost is as follows: Original bid amount: $65,053.85 Actual amount of bid items constructed: 87,293.84 Total amount of change orders: 0.00 Final contract cost: $87,293.84 The increase in the amount of actual bid items constructed over the original bid amount resulted from an error in the quantity estimated for the asphalt bid item. No change orders were issued for the project. The final overall construction cost was 34.19 percent over the original bid amount. SUBJECT: HAZEL AVENUE PAVEMENT REHABILITATION, CONTRACT NO 3448 — COMPLETION AND ACCEPTANCE September 24, 2002 Page 2 Funds for the project were expended in the following account: Description Account No. Amount Measure M Turnback 7281- C5100639 $87,293.84 All work was completed on August 30, 2002, the scheduled completion date. Respectfully WORKS DEPARTMENT G. Badum, Director By: C e<�� 9Lz R. Gunther, P.E. Construction Engineer City of Newport Beach BUDGET AMENDMENT 2002 -03 EFFECT ON BUDGETARY FUND BALANCE: Increase Revenue Estimates X Increase Expenditure Appropriations Transfer Budget Appropriations SOURCE: from existing budget appropriations from additional estimated revenues PX from unappropriated fund balance EXPLANATION: NO. BA- 013 AMOUNT: $1s,73s.ss Increase in Budgetary Fund Balance AND X Decrease in Budgetary Fund Balance No effect on Budgetary Fund Balance This budget amendment is requested to provide for the following: To increase expenditure appropriations related to the Hazel Avenue Pavement Rehabilitation Project C -3448. ACCOUNTING ENTRY: BUDGETARY FUND BALANCE Fund Account 280 3605 REVENUE ESTIMATES (3601) Fund /Division Account EXPENDITURE APPROPRIATIONS (3603) Description Measure M Fund Balance Description Signed: Signed: Signed: City Council Approval: City Clerk Amount Debit Credit $15,739.99 Automatic $15,739.99 Date to Date Description Division Number 7281 Measure M Tumback Account Number C5100639 Major Maintenace Pavement Overlay Division Number Account Number Division Number Account Number Division Number Account Number Division Number Account Number Signed: Signed: Signed: City Council Approval: City Clerk Amount Debit Credit $15,739.99 Automatic $15,739.99 Date to Date