RECOMMENDATION(S):
APPROVE the Marsh Creek Road Bridge Replacement Project contingency fund increase of $10,000 for a new contingency fund total of $516,041, and a new payment limit of $5,076,451, effective March 19, 2019, as recommended by the Public Works Director, Clayton area. (Federal Project No. BRLS-5928(107); County Project No. 0662-6R4079) (District III)
FISCAL IMPACT:
The project is being funded by 88.53% Federal Highway Bridge Program Funds and 11.47% Local Road Funds.
BACKGROUND:
The contingency fund increase is necessary to compensate the contractor for unforeseen extra work required to complete the project. This is the second contingency fund increase. The first contingency fund increase was for $50,000 approved by this Board at the February 26, 2019 board meeting.
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