FISCAL IMPACT:
There is no direct fiscal impact resulting from the adoption of the Resolution of Acceptance and Notice of Completion, but the adoption and recording will limit the period for filing stop payment notices and bond claims on this contract.
BACKGROUND:
On March 27, 2012, the County entered into a construction contract with Bay Cities Paving & Grading Co., Inc., for the New Parking Lot "E" project at 2500 Alhambra Avenue, Martinez. The above contract has been completed in accordance with the approved plans and specifications. It is recommended that the work covered by the contract be accepted by adopting a Resolution of Acceptance and Notice of Completion (Resolution No. 2013/80). The project acceptance includes withholding of contract retention to ensure completion of project closeout items.
CONSEQUENCE OF NEGATIVE ACTION:
Accepting a construction contract as complete is standard procedure and allows for proper closeout of the contract. If the above contract is not accepted as complete, the period for filing stop payment notices and bond claims may be extended.
CHILDREN'S IMPACT STATEMENT:
Not applicable.