Title
Guaranteed Maximum Price (GMP) for the Construction of the Stephen Foster Neighborhood Street Improvements (B)
This item is a request for the City Commission to approve the GMP with Oelrich Construction Inc. for Construction of the Stephen Foster Neighborhood Street Improvements.
Explanation
On January 15th, 2015 the City Commission authorized the use of Koppers Superfund Settlement Funds to be used on public infrastructure improvements in the areas surrounding the Koppers Superfund Site, including the Stephen Fosters Neighborhood; $424,500 was allocated for roadway repaving. JBrown Professional Group was retained to prepare construction documents for the project which includes resurfacing and/or reconstruction of nine (9) streets in the Stephen Foster Neighborhood.
This item supports the City Commission Strategic Initiative 6.2: Develop a community partnership for long-term clean-up and revitalization of the Cabot/Koppers Superfund site and surrounding neighborhoods.
Public Works is utilizing the construction management firm Oelrich Construction Inc. to facilitate the project and has negotiated a GMP of $420,177.00.
Fiscal Note
The project is funded with $350,177 remaining from the Koppers Superfund Settlement Funds and $70,000 in the Capital Improvements Resurfacing account.
Recommendation
The City Commission: 1) approve the GMP and 2) authorize the City Manager or designee to execute all documents, subject to approval by the City Attorney as to form and legality.