Explanation
BACKGROUND: This legislation authorizes the Finance and Managemeant Director to modify and extend a contract on behalf of the Office of Construction Management with Elford Construction Company, Inc. in an amount up to $115,000.00 for the North Market Exterior Renovations Modification #1 located at 59 Spruce Street.
The original contract was authorized by Ordinance No. 0625-2022 and approved by City Council on March 23, 2022. The modification of the contract is due to the unforeseen additional cost for a 12” storm line excavation and delays due to these unforeseen site conditions at the North Market Exterior.
Prices already established in the contract were used to determine the cost of this modification.
The contract compliance number for Elford Construction Company, Inc. is 31-4371060 and expires on January 31, 2024.
Emergency action is requested in order to prevent further construction delays and increases in costs.
Fiscal Impact: This ordinance authorizes an appropriation and expenditure of $115,000.00 from the Development Taxable Fund. It is necessary to transfer $115,000.00 between projects within the Development Taxable Fund with Elford Construction Company, Inc. for additional services for the North Market Exterior Renovation Project located at 59 Spruce Street. These funds were budgeted within the Development Taxable Fund.
Original Purchase Order Amount (0625-2022): $ 570,912.00
Modification No. 1 (current): $ 115,000.00
Total (Original and Modification): $ 685,912.00
Title
To amend the 2021 Capital Improvement Budget; to authorize the Director of Finance and Management to modify an agreement on behalf of the Office of Construction Management with Elford Construction Company, Inc. for North Market Exterior Renovations; to authorize the transfer and expenditure of $115,000.00 from the Development Taxable Fund; and to declare an emergency ($115,000.00).
Body
WHEREAS, it is necessary to amend the 2021 Capital Improvemen...
Click here for full text