HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
Date: 3/25/11
Commission Meeting Date: 4/28/11
Type: ® Resolution ❑ Ordinance
Requesting Department: CIP
District(s) Impacted: 2
Emergency Ordinance ❑ Discussion Item ❑ Other
Law Department
Matter ID No.
Subject: Resolution authorizing an increase in the contract amount with Giannetti Contracting Corp., for the project
entitled "North Bayshore Drive Drainage Improvements," B-50658.
Purpose of Item:
To authorize an increase to the contract with Giannetti Contracting Corp. ("Giannetti"), in the not to exceed amount of
$76,968.26, thereby increasing the award value from41,539,365.24 to an amount not to exceed $1,616,333.50, for the North
Bayshore Drive Drainage Improvements Project, B-50658. Pursuant to Addendum No. 4, the contract contains a financial
incentive provision requiring that the work be completed by a specified time. Said contractual provision has been fulfilled by
the contractor. Therefore, Amendment No. 2 is necessary in order to issue payment to Giannetti in the not to exceed amount of
$76,968.26.
Background Information:
Fourteen (14) bids were received by the Office of the City Clerk on February 13, 2009, pursuant to formal Invitation for Bids
No. 08-09-025, issued on December 29, 2008, for the project entitled "North Bayshore Drive Drainage Improvements, B-
50658" (Project). The City Manager authorized execution of an Agreement with Giannetti, the lowest responsive and
responsible bidder, in the total amount of $1,257,935.68, plus an owner contingency of $125,793.56, for a total not to exceed
amount of $1,383,729.24. This project was included on the expedited list of projects pursuant to Expedite Ordinance No.
13045.
On September 23, 2010, the City Commission adopted Resolution No. 10-0411, authorizing Amendment No. 1, which
increased the award amount by $155,636, from $1,383,729.24, to a total not to exceed award amount of $1,539,365.24, for
additional work due to unforeseen conditions and owner requested changes.
This Amendment No. 2 increases the overall award amount by $76,968.26, for a total not to exceed award amount of
$1,616,333.50. Funds are available from Capital Improvements Project No. B-50658.
Budget Impact Analysis
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No: B-50658
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact: $76,968.26
Final Approvals
(SIGN AND DATE)
CIP Budget NA
If using _
Grants Risk Management �N/A
Purchasi ' Dept. Director ��%%(4
Chief, ( t t City Manager
NA
i receiving caniial,fiuidN/A
N/A
a -
Page 1 of 1 Construction Manager: Valentine Onuigbo