HomeMy WebLinkAboutExplanationOn March 6, 2012, six bids were received and opened for the 8th Street Undergrounding
and Sewer Replacement Project, Specification No. 11-04. The lowest responsive bidder
was Basile Construction, Inc., with a proposed bid amount of $2,386,365.49.
Staff checked the provided references and found that Basile Construction, Inc. was
qualified to perform the work as detail in the specification. The City Council adopted
Resolution No. 2012-67 awarding the contract to Basile Construction, Inc. on March 20,
2012.
The Notice to Proceed with construction was issued for April 23, 2012. The Notice of
Completion was issued on February 14, 2013, and filed with the San Diego County
Recorder's Office on March 4, 2013.
The 30 change orders issued for this project are detailed in the Final Contract Balance
Report (attached). The 30 change orders increased the contract by $305,309.56 and
line item changes decreased the contract by $91,750.06, for a net increase of
$213,559.50 to the contract, This results in a nine percent contract increase for a final
contract balance of $2,599,924.99.
Staff recommends that Council approve the final contract amount, authorize the release
of retention in the amount of $129,424.57 and ratify the filing of the Notice of
Completion.