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HomeMy WebLinkAboutPay Sunk Cost - Costs Incurred Prior to Recission Awarded Contract for Ignition Park – Rieth-Riley Construction Co., Inc.  ELIZABETH A. MARADIK GARY A. GILOT JORDAN V. GATHERS JOSEPH R. MOLNAR MURRAY L. MILLER 1316 COUNTY-CITY BUILDING 227 W. JEFFERSON BOULEVARD SOUTH BEND, INDIANA 46601-1830 PHONE 574/ 235-9251 FAX 574/ 235-9171 CITY OF SOUTH BEND JAMES MUELLER, MAYOR BOARD OF PUBLIC WORKS June 8, 2021 Mr. Ruben Alvarado Rieth-Riley Construction Co., Inc. 25200 State Road 23 South Bend, IN 46614 ralvarado@rieth-riley.com RE: Pay Sunk Cost Dear Mr. Alvarado: At its June 8, 2021 meeting, the Board of Public Works approved the above referenced reimbursement for sunk costs related to the EV Charging Lot - Project No. 120-044R, in an amount not to exceed $1,000. If you have any further questions regarding this matter, please call this office at (574) 235-9251. Sincerely, /s/ Anne Fuchs Anne Fuchs, Clerk Enclosures AF/lh INTER-OFFICE MEMORANDUM DEPARTMENT OF PUBLIC WORKS DIVISION OF ENGINEERING TO: Anne Fuchs, Clerk Board of Public Works FROM: Finn Cavanaugh, Project Engineer, Division of Engineering SUBJECT: Request to Pay Sunk Cost 120-044R: Ignition Park EV Charging Lot DATE: May 28th, 2021 On May 25th, 2021, the Board of Public Works approved the recission of the awarded contract for the above project. The contract to be rescinded had been awarded to Rieth-Riley Construction Co., on April 27th, 2021, in the amount of $398,617.41. As stated at the May 25th, 2021 Board of Public Works meeting, City Administration has decided not to move forward with the Ignition Park EV Charging Station Project (No. 120-044R) at this time. The City Administration is following discussions in Congress regarding funding for electric vehicle infrastructure closely, to understand how to best leverage City funds to further comprehensive investments in this new type of infrastructure. The project has been put on an indefinite hold. After the award of this contract and prior to notification of this request to rescind the contract, Engineering requested that Rieth-Riley begin preparation to procure materials. This request was given in the interest of ensuring the project could be completed in a timely manner, with the anticipation of long lead times for certain fixtures, primarily the shade structures. As a result of this preparation to procure materials, prior to the project being on hold, Rieth-Riley paid a deposit to the manufacturer of the shade structures to place their order. When the City gave notice to Rieth-Riley that the project was to be put on hold, Rieth-Riley contacted the manufacturer to cancel the order. At this time, the manufacturer had nearly completed engineering design of the shelters. $1,000.00 was held by the manufacturer from Rieth-Riley’s deposit for engineering expenses. The remaining portion of the deposit was reimbursed to Rieth-Riley. Rieth-Riley is requesting payment from the City to cover the $1,000.00 that was not reimbursed by the manufacturer. The Division of Engineering recommends that the sunk cost of $1,000.00 be paid to Rieth-Riley Construction Co. Sufficient funding has been secured in PR-00009652 from TIF River West Development (324-10-102-121-443001--PROJ00000208). Please respond with any questions. Enclosed: Sunk cost invoice of $1,000.00 25200 State Road 23 A Service charge of 1-1/2% per month (18% annual South Bend, IN 46614 rate) will be made on all account balances not paid, (574) 288-8321 * FAX (574) 233-3464 according to the terms stated. WWW.RIETHRILEY.COM TO:City of South Bend Engineering Dept CUSTOMER NUMBER 4033 227 W Jefferson Blvd INVOICE NUMBER 361076601 South Bend, IN 46601 INVOICE DATE 5/26/2021 CUSTOMER PO NUMBER 120-044R JOB NUMBER 3610766 TERMS OF INVOICE NET ON RECEIPT QUANTITY DESCRIPTION UNIT PRICE TOTAL 1.00 Non-Refundable Deposit for Shelters $1,000.00 $1,000.00 Sunk Cost on Cancelled Ignition Park Project SUBTOTAL $1,000.00 Questions concerning this invoice? Contact: TAX $0.00 FREIGHT $0.00 $1,000.00 MAKE ALL CHECKS PAYABLE TO:Rieth-Riley Construction Co., Inc.PAY THIS 25200 State Road 23, South Bend, IN 46614 AMOUNT INVOICE Matt Hostetler BOARD OF PUBLIC WORKS AGENDA ITEM REVIEW REQUEST FORM Date: May 28, 2021 Name: Finnian Cavanaugh Department of Public Works – Engineering Division BPW Date: June 8, 2021 Phone Extension: 5961 or fcavanau@southbendin.gov Required Prior to Submittal to Board BPW Attorney X Attorney Name Clara McDaniels Dept. Attorney Attorney Name Purchasing Check the Appropriate Item Type – Required for All Submissions Professional Services Agreement Contract Proposal Open Market Contract Amendment/Addendum Special Purchase, QPA Bid Opening Bid Award Req. to Advertise Title Sheet Quote Opening Quote Award Reject Bids/Quotes Proposal Opening C/O & PCA No. PCA Chg. Order, No. Traffic Control Resolution Other: Pay Sunk Cost Ease./Encroach Required Information Company or Vendor Name Rieth-Riley Construction Co. New Vendor Yes If Yes, Approved by Purchasing No MBE/WBE Contractor MBE WBE Completed E-Verify Form Attached Yes No Project Name Ignition Park EV Charging Lot Project Number 120-044R Funding Source TIF River West Account No. PR-00009652 (324-10-102-121-443001--PROJ00000208) Amount $1,000.00 Terms of Contract NTE Purpose/Description Recommending payment for costs incurred by Rieth-Riley Construction Co. prior to recission of awarded contract. For Change Orders Only Amount of Increase Decrease $ ($ ) Previous Amount $ Current Percent of Change: Increase Decrease % ( %) New Amount $ Total Percent of Change: Increase Decrease % ( %) Time Extension Amount: New Completion Date: