Title
Depot Avenue Segment 4 Project (B)
This item is a request for the City Commission to authorize the Guaranteed Maximum Price (GMP) proposal in the amount of $2,828,993 for the Depot Avenue Segment 4 project.
Explanation
On March 17th, 2016 the City Commission approved the rankings for Construction Management at Risk (CMAR) Services for the subject project. On November 21, 2016 Charles Perry Partners, Inc. (CPPI) submitted a GMP proposal in the amount of $2,828,933 to provide CMAR services for the subject project.
Construction is expected to begin in January 2017 and take approximately 12 months.
Fiscal Note
Funding is available through a combination of Local Option Gas Tax and grant funds. The adopted Capital Improvement Plan contains $3,400,000 for the construction of this project.
...Recommendation:
The City Commission: 1) approve the proposal from CPPI for CMAR services for the Depot Avenue Segment 4 project; and 2) authorize the City Manager to execute the contract, subject to approval as to form and legality by the City Attorney.