SUBJECT
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Approve the Guaranteed Maximum Price for Transmission System Early Construction Package 2A (Action)
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DESCRIPTION
Several residential developments are currently planned along the transmission main route, including the Hamilton Bluffs, Alford Ridge and Landings at Lake Trask developments in Lake Hamilton and Dundee. Site improvements associated with these developments has commenced or is expected to commence in the next 12 months. In order to accommodate the developer’s time frame for site improvements and final platting, an early construction package was prepared in order to:
1. Minimize construction impacts to the future residents;
2. Reduce the cost of construction by installing the PRWC water transmission main prior to or concurrent with development-related site improvements; and
3. Coordinate future utility improvements with the water transmission main.
Construction Package 2A includes approximately 7,250 linear feet of 30-inch water transmission main within the Detour Road, Alford Road, Edwards Road corridors.
Competitive bids were received on February 22, 2024 for Construction Package 2A. After analysis of the bids, including proposed construction schedules, the Construction Manager-at-Risk (Florida Water Partners) has recommended that Construction Package 2A be awarded to Garney Companies, Inc. for a Guaranteed Maximum Price of $5,138,830.00, inclusive of a 5% contingency, general conditions, bonds, insurance, and an 8% construction fee. Construction of this portion of water transmission main is expected to commence in June 2024 with completion in early 2025.
RECOMMENDATION
Request Board approve the Guaranteed Maximum Price for Transmission System Early Construction Package 2A.
FISCAL IMPACT
Construction Package 2A results in a fiscal impact of $5,138,830. The EPA WIFIA loan (WIFIA ID - 19139FL) will be used to pay the costs to construct this portion of the transmission main.
CONTACT INFORMATION
Mark Addison