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Traffic Signal Installation at Segerstrom Avenue and Spruce Street <br />January 21, 2025 <br />Page 4 <br />Any of the allocated construction administration funds not spent are considered project <br />savings and are returned to the respective fund balance upon close out of the project. <br />As indicated in the Cost Analysis (Exhibit 5) and as summarized in the table below, the <br />estimated total construction delivery cost of the project is $1,242,686. <br />Project Item <br />Total <br />Construction Contract Bid Amount <br />$994,149 <br />Construction Administration <br />$79,532 <br />Inspection <br />$49,707 <br />Testing <br />$19,883 <br />Project Contingencies <br />$99,415 <br />TOTAL ESTIMATED CONSTRUCTION DELIVERY COST <br />$1,242,686 <br />ENVIRONMENTAL IMPACT <br />Pursuant to the California Environmental Quality Act (CEQA), the recommended actions <br />are exempt from further review pursuant to Section 15301(b) of the CEQA Guidelines <br />for projects consisting of repair/maintenance of existing public facilities. The proposed <br />project continues to meet these parameters of the CEQA Guidelines, and Categorical <br />Exemption Environmental Review No. ER-2024-107 was filed for Project 25-6030 <br />(Exhibit 6). <br />FISCAL IMPACT <br />As indicated in the Cost Analysis, the estimated total construction delivery cost of the <br />project is $1,242,686. All funds are available for expenditure in Fiscal Year 2024-2025. <br />Any remaining balances not expended at the end of the fiscal year will be carried <br />forward into Fiscal Year 2025-2026. <br />The proposed contract authorizes staff a maximum of 10% in contingencies for <br />construction contract change orders. Staff will coordinate with SAUSD staff and return <br />to City Council for acceptance of additional revenue and authorization and appropriation <br />of additional contingency if necessary. <br />With approval of the requested appropriation adjustment, the funds will be budgeted <br />and available for this item in the accounts below. <br />Accounting <br />Accounting Unit, <br />Fiscal <br />Unit - Account <br />Fund <br />Account No. <br />Amount <br />Year <br />No. <br />Description <br />Description <br />Project No. <br />Appropriation Adjustment <br />2024-25 <br />05917660- <br />Select Street <br />$1,242,686 <br />66220 <br />Construction, <br />