To: Board of Supervisors
From: Warren Lai, Public Works Director/Chief Engineer
Report Title: APPROVE the contingency fund increase for the Danville Boulevard-Orchard Court Improvements Project, Alamo area.
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE the Danville Boulevard-Orchard Court Improvements Project contingency fund increase of $350,000.00 for a new contingency fund total of $626,007.00, and a new payment limit of $3,386,077.00, effective November 5, 2024, as recommended by the Public Works Director, Alamo area. (County Project No.: 0662-6R4128), (Federal Project No.: HSIPL-5928(140))(District II).
FISCAL IMPACT:
The Project is funded by 66% Highway Safety Improvement Program Grant Funds, 33% Measure J Funds, and 1% Local Road Funds.
BACKGROUND:
The contingency fund increase is necessary to compensate the contractor for unforeseen extra work required to complete the project and associated overhead costs.
CONSEQUENCE OF NEGATIVE ACTION:
The lack of approval would prevent successful completion of this contract and prevent payment for the additional work performed by the contractor.