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HomeMy WebLinkAbout4.06 Final Acceptance 86-5CITY OF DUBLIN AGENDA STATEMENT City Council Meeting Date: December 22, 1986 SUBJECT: EXHIBITS ATTACHED: RECOMMENDATION: �� FINANCIAL STATEMENT: Final Acceptance of Contract 86-5 Street Slurry Seal Program Budget Change Form 1) Accept improvements under Contract 86-5. 2) Authorize retention payment to Valley Slurry Seal in the amount of $4,883.37. 3) Approve budget transfer of $5,410 from Contingent Reserves to the Street Maintenance Budget for the 1986-87 Fiscal Year. Design/Inspection $ 7,654.00 Construction 48,833.67 56,487.67 The budget for the 1986-87 Fiscal Year is zero, as it was anticipated that all monies would be paid out during the 1985-86 Fiscal Year. Expenses for this Fiscal Year are $4,883.37 (retention), plus $527.00 in Engineering, for a total of $5,408.37. The approved budget for construction was $49,000 including a $5,000 transfer when the bid was awarded. This slurry seal project is part of the Street Maintenance Operating Budget and was budgeted for the 1985-86 Fiscal Year. Because the project was completed the last few days of the Fiscal Year, the retention was not paid out of 1985-86 funds and was carried over into this Fiscal Year. DESCRIPTION: In May of 1986, the City Council awarded Contract 86-5, the Annual Slurry Seal Program, to Valley Slurry Seal, Inc. Slurry seal is a preventive maintenance technique used to prolong the life of a street. It consists of a sand/oil mixture which seals cracks and provides a new uniform wearing surface. The City streets are presently on a five- to seven-year cycle depending upon the level of wear. When this project was previously bid in the fall of last year, only one bid of $56,365 was received. This bid from Valley Slurry Seal was based on a unit cost of $0.0693 per square foot. This bid was rejected by the City Council on October 14, 1985, for rebid in the Spring, hopefully to receive a more competitive bid. When the project was rebid, the City bids, the lowest of which was Valley Slurry Seal, $48,394.44. Valley Slurry Seal's unit price for square foot. This rebid unit cost was 14% lower fall of last year. received a total of three Inc., with a bid of this bid was $0.0595 per than the unit cost bid in the During the construction phase, it was noted that the surface of the westbound lanes of Dublin Blvd. was becoming smooth, and this area was added as a safety measure. The cost of design and inspection includes the work involved in rebidding the project and the post -winter survey and markout for base failure repair. In addition, work was done on Murietta Court to repair a problem left by the overlay contractor and deducted from that contract's final payment. The City Engineer has reviewed the work on the project and determined that it is complete and in accordance with the approved plans, specifications, and modifications. Staff recommends that the City Council accept the improvements and authorize the final payment in the amount of $4,883.37. ITEM N0. COPIES T0: Valley Slurry Seal, Inc. B UDGET CHANGE FORM APPROPRIATION "' ACCOUNT`· LAMOUNTf ' 'c.' ACCOUNT A.MOUNT TRANSFER 1-1-108-705.22 $5,410.0~ 1-1-302-75.~ $5,410.00 3 AMENDMENT · FY 1985-86 slurry seal costs which were paid in FY 1986-87 due to a delay in the completion of the project by the contractor. The budget change was presented to the City Council at their meeting of December 22, 1986. USTIFICATION TEMITIZED .COST ;ITY IANAGER APPROVAL ITY Ot DIL APPROVAL Improvements other than buildings 755 TOTAL DATE -DATE $ 5,410.00 5,410.00