Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Utilities to enter into a Guaranteed Maximum Reimbursement Agreement (GMRA) with The Richard J. Conie Co. for the Blacklick Creek Subtrunk Sewer - Turning Branch project, CIP# 650138-100003, in an amount up to $3,448,267.49, pursuant to Section 186 of the Columbus City Charter.
Work for this project consists of the construction of approximately 1,070 linear feet of 18-inch sanitary sewer, 1,010 linear feet of 24-inch sanitary sewer, and other such work as may be necessary to complete the contract in accordance with the drawings (CC20016) for the project. The project will extend sanitary access to undeveloped parcels on the north and south sides of Shannon Road located east of the intersection of Shannon Road and Brice Road.
Upon passage of this Ordinance, the City of Columbus will agree to pay a maximum reimbursement amount of up to $3,448,267.49 to The Richard J. Conie Co. for construction of the Blacklick Creek Subtrunk Sewer - Turning Branch project, CIP# 650138-100003. The developer has agreed to construct the improvements at their cost and then obtain reimbursement from the City. The guaranteed maximum reimbursement agreement provides the developer constructs the public improvement on the City's behalf, the project is publicly bid and follows the City’s bid processes, the developer submits requests for reimbursement of construction costs related to the project, only pre-approved construction costs are reimbursed, and there is a limit to the dollar amount of costs that will be reimbursed.
The project is located within the 65 - South East Community Area.
TIMELINE: The work under this contract shall be completed in a manner acceptable to the City within 180 calendar days after the date of the Notice to Proceed.
ESTIMATED COST OF PROJECT: The GMRA amount is $3,448,267.49 including a 20% construction contingency amount that will be utilized to fund needed and approved ...
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