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BACKGROUND <br />The streetlights in the Valley Trails Neighborhood were in need of replacement. Several <br />of the foundations had started to shift causing the poles to lean, the paint was peeling <br />from the poles, and fixtures had reached the end of their useful life. On March 7, 2006, <br />the City Council approved the award of the Valley Trails streetlight replacement contract <br />to the lowest bidder, Bleyco, Inc. in the amount of $331,637.00. At that time, a 20% <br />contingency amount of $66,327.00 was approved to cover unforeseen changes and the <br />possibility of necessary additional foundation replacements. <br />The base bid amount of $331,637.00 included replacement of 159 streetlights and 10 <br />concrete foundations. It was only necessary to replace 4 concrete foundations which <br />reduced the total work performed on the contract to $322,787.00. Staff added four <br />poles to the contract through a change order and approved other minor change orders. <br />The modification of the number of foundations needing replacement and the additional <br />change orders resulted in a total contract price of $345,359. <br />The project is complete and staff recommends acceptance of the public improvements <br />and authorization for final payment of $1,893.35 and the release of retention in the <br />amount of $17,168.30. <br />Submitted by: <br />~~~~ <br />Rob Wilson <br />Director of Public Works <br />Fiscal Review: <br />,^c ~~~~ <br />c <br />David P. Culver <br />Finance Director <br />Approved by: <br />Nelson Fialho <br />City Manager <br />Attachments: <br />1. Vicinity Map <br />2. Funding and Expenditure Summary <br />Page 2 of 2 <br />