SUBJECT: Approval of Additional Contingency in the Amount of $155,460.36 for Additional Work Which is Reflected in the Final Change Order #2 Associated with the N Street Improvements - 16th Street to 18th Street, Project No. 120060 Which will be the Final Increase for the Project in Order to Close out the Project REPORT IN BRIEF Considers approving an increase to the contingency in the amount of $155,460.36 for City Project No. 120060 - N Street Improvements, 16th Street to 18th Street. This increase will be the Final increase for the project in order to close out the project. RECOMMENDATION City Council - Adopt a motion authorizing the City Manager or Deputy City Manager to execute the necessary documents and to approve change orders up to a total contingency amount of $251,706.30 including an increase in contingency of $155,460.36.

What this record is

Amount

$155K

Runs until

no end date published in this record

Type

amendment

Field

Construction

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council/Public Finance and Economic Development Authority/Parking Authority

Requested by

Engineering Department

Introduced

February 7, 2022

On agenda

February 22, 2022

Passed

February 22, 2022