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Approve Additional Contingency Funds for Citywide Sewer Main Improvements Phase II <br /> January 18, 2022 <br /> Page 2 <br /> improvements have been identified that surpass the existing contingency of$140,000. To <br /> capitalize on the favorable pricing of the existing contract with Lucas Builders, Inc., staff <br /> recommends increasing the project contingency by $368,825 to complete the work and <br /> deliver the sewer main improvements. <br /> The recommended action will increase the project contingency by an additional $368,825, <br /> for an amended project contingency of $508,825, thereby increasing the total estimated <br /> construction delivery cost to $2,117,835, as indicated in the Cost Analysis (Exhibit 2) and <br /> as summarized in the table below: <br /> Project Item Current Total New Total <br /> Construction Contract $1 ,399,208 $1,399,208 <br /> Construction Administration, Inspection, Testing $209,802 $209,802 <br /> Contingencies $140,000 $508,825 <br /> TOTAL CONSTRUCTION DELIVERY COST $1 ,749,010 $2,117,835 <br /> ENVIRONMENTAL IMPACT <br /> There is no environmental impact associated with the action. <br /> FISCAL IMPACT <br /> Approval of the requested appropriation adjustment will recognize $338,825 from prior <br /> year fund balance in the Sanitary Sewer Capital Fund, Prior-Year Carryforward revenue <br /> account (No. 05417002-50001) and appropriate the same amount to the Capital <br /> Recovery Charges, Improvements Other Than Building expenditure account (No. <br /> 05417647-66220). The reallocation of $30,000 in unspent Measure M2 Local Fairshare <br /> funds will make them available to fully fund the total project delivery cost of $2,117,835. <br /> The following table summarizes the funds budgeted for expenditure to deliver <br /> construction of this project. Any remaining balances not expended at the end of FY 2021- <br /> 22 will be carried forward for expenditure into FY 2022-23, if needed. <br /> Accounting Unit - Accounting Unit - <br /> Fiscal Y Fund Account No. Account No. Amount <br /> Year (Project No.) Description Description <br /> Prior Authorized Funds <br /> Capital Recovery <br /> 05417647-66220 Sanitary Charges, <br /> 2020-21 (19-6426) Sewer Improvements $1,749,010 <br /> Capital Other Than <br /> Building <br /> Appropriation Adjustment <br /> 05417647-66220 Sanitary Capital Recovery <br /> 2021-22 (19-6426) Sewer Charges, $338,825 <br /> Capital Improvements <br /> City Council 11 — 2 1/18/2022 <br />