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HomeMy WebLinkAbout5B2 Budget Decrease (Cleveland-Brick Road Pavement) Redevelopment Commission Agenda Item DATE: 6/24/2021 FROM: Kara M. Boyles, City Engineer SUBJECT: Budget Decrease – Cleveland Rd. Pavement Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. Purpose of Request: A budget reduction for the Cleveland Road Pavement Improvements project from $2M to $1,290,444.84. On May 9, 2019, the Redevelopment Commission approved my request for $2M to repair the heavily deteriorated concrete pavement along Brick/Cleveland Road near the interchange with the US-31 ByPass. INDOT-LaPorte District was in the process of a design to repair pavement on the US-31 ByPass which offered the opportunity for South Bend to jointly contract the work with INDOT. The partnership resulted in a revised cost estimate of $1,677,300. Cost savings may be attributed to INDOT absorbing all overhead costs related to the City’s construction project. For example, INDOT covered all mobilization and demobilization costs as well as construction engineering related to the City’s work. Upon the contract award, the City realized further cost savings when the City’s share of the project amounted to $1,248,475.08. Again, cost savings may be attributed to the size of the INDOT project (over $16M) and the associated economies of scale that accompany large projects). A single change order of $7,169.76 in added costs due to unforeseen site conditions – namely deteriorated pipe and drainage structures led to a final cost of $1,255,644.84. Including consulting fees of $34,800, the total expenditure for design and construction is $1,290,444.84. INTERNAL USE ONLY: Project ID: PROJ00000015; Total Amount – New Project Budget Appropriation $_______________; Total Amount – Existing Project Budget Change (increase or decrease) $_______________; _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION Page | 2 Funding Limits: Engineering: $_____________________; Other Prof Serv Amt $_______________; Acquisition of Land/Bldg (circle one) Amt: $___________; Street Const Amt $________________; Building Imp Amt $_________; Sewers Amt $_________; Other (specify) Amt $ ________________