Title
143rd Street and LaGrange Road Intersection Improvement Project - Contract Amendment #2
History
As construction of the 143rd Street and LaGrange Road Intersection Improvements near completion, an adjustment to the contract value with F.H. Paschen, S.N. Nielsen & Associates, LLC (Paschen) is required. Funding for the project, originally Board approved on February 21, 2011, totaled $11,056,202.74 (includes contingency) with an initial contract value of $10,513,202.74. The original Engineer’s Estimate for this project was $13,336,394.04, which was used for budgeting purposes. On November 07, 2011, an amendment increasing the contract value to $10,999,002.97 was approved by the Village Board.
The attached Change Order Log provides a detailed accounting of the adjustments to the work included as part of the project. Some of this additional work involved significant landscaping restoration for existing businesses impacted by the project. Other additions include adjustments to the traffic signal and lighting plans to meet IDOT requirements.
Also attached is the Engineer’s Opinion of Probable Construction Cost updated June 11, 2012. Based on the current estimated cost at completion, the contract value with Paschen should be $11,083,759.32. This amount is $27,556.58 above the current Board approved funding.
To accommodate any additional quantity adjustments and unforeseen changes as the project is closed out, total project funding is requested to be increased to $11,106,000.00.
On June 18, 2012, this item was reviewed and approved by the Public Works and Engineering Committee and referred to the Board for approval.
Financial Impact
There are sufficient funds in the 143rd Street and LaGrange Road Capital Improvement Project Fund (Account #054-0000-484800) to cover the cost of this additional work.
Recommended Action/Motion
I move to approve Contract Amendment #2 in the amount of $27,556.58 for F.H. Paschen, S.N. Nielsen & Associates, LLC to bring the amount to $11,083,759.32.
And
Approve authorizing the Village Manager to approve final amendments to the contract with F.H. Paschen, S.N. Nielsen & Associates, LLC in an amount not to exceed $11,106,000.00.