Agenda Packet_2023-11-21 - Laserfiche WebLink

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West Willits Protected Bicycle Lane Project November 21, 2023 Page 2 Approval of the recommended action will allow completion of the project including additional required work. The recommended action will increase the contract project contingency by $280,000 (Exhibit 2), thereby increasing the total estimated construction delivery cost to $2,557,000, as summarized in the table below: Project Item Current Total New Total Construction Contract Bid Amount $1,798,800 $1,798,800 Construction, Administration, Inspection, Testing $270,000 $270,000 Contract Contingencies $208,200 $488,200 TOTAL ESTIMATED CONSTRUCTION DELIVERY COST $2,277,000 $2,557,000 FISCAL IMPACT The following table summarizes the funds budgeted and available in current FY 2023-24 for expenditure to deliver construction of this project. Any unspent budget in FY 2024 will be included in future year Carry Forward for City Council consideration. Fiscal Year Accounting Fund Accounting Unit, Amount Unit — Description Account No. Account # Description Original Construction Delivery Cost 2022-23 14817615- Traffic System Active Transportation $2,277,000 66220 Management Program —Federal, (19-6948) Grant Improvements Other Than Buildings Appropriation Adjustment 2023-24 05817660- Residential Residential Street $280,000 66220 Street Improvement, (19-6948) Improvement Improvements Other Than Buildings Total Contract Amount $2,557,000 EXHIBIT(S) 1. Location Map 2. Amendment to Fiscal Year 2023-24 CIP Submitted By: Nabil Saba, P. E., Executive Director - Public Works Agency Approved By: Steven A. Mendoza, Acting City Manager City Council 14 — 2 11/21/2023