Title
Guaranteed Maximum Price for Construction - NW 5th Avenue Streetscape Phase II (NB)
Explanation
The Gainesville Community Redevelopment Agency (CRA) is committed to strengthening and affirming the significance of the NW 5th Ave corridor through on-going redevelopment initiatives in both the private and public realms. As part of this effort, the CRA has systematically pursued phased utility undergrounding along the entire corridor. Phase I of the NW 5th Ave Improvements Project, east of NW 6th Street, was completed in April 2008. Now the CRA has construction documents to complete the next phase of the project, from NW 6th Street to NW 10th Street.
The scope of work for Phase II of the NW 5th Ave Improvements project extends through the heart of the corridor and includes a revitalized streetscape of wider sidewalks with ADA compliancy, new clay brick crosswalks and sidewalks, utility undergrounding, decorative pedestrian and roadway lighting, resurfacing the roadway, and construction of new curb and gutter. In addition to these improvements, the GRU-Water/Wastewater department is installing a water-line upgrade along the corridor. This synergistic approach will allow for further redevelopment of the corridor by providing the needed water flow capacity for new developments.
On October 19, 2009 the CRA Board heard a presentation on roadway project updates, where funding was discussed for several of CRA initiated projects. The NW 5th Ave Streetscape Phase II project in particular was one of the projects that did not have complete funding. Suggestions were given by the board to address the funding gap.
On November 3, 2009 the FAPS advisory board approved a Guaranteed Maximum Price (GMP) for Construction from PPI Construction Management/Charles Perry Construction, not-to-exceed $890,000 to construct NW 5th Avenue Phase II, as designed. Understanding that a funding gap existed, the board approved the GMP in anticipation that funding wou...
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