Title
ComEd Cable Burial - 167th Street and LaGrange Road - Cost Increase
History
As part of the LaGrange Road Corridor Improvement Project, in March, 2013, three segments of ComEd overhead cables were approved to be relocated from overhead to underground. Two of the segments, 144th Place to 147th Street and 135th Street were completed within the quoted and Board approved amount. The third segment at 167th Street was measured as being 300 feet in length and was quoted for a total cost of $83,000. The work was completed and while preparing the invoice, ComEd identified that the buried segment had been misquoted and actually totaled 400 feet for an additional cost of $22,661.71. The total cost of the 167th Street burial work is $105,661.71. $41,500.00 was paid to ComEd in advance leaving a balance due of $64,161.71.
On September 2, 2014, this item was reviewed and approved by the Public Works Committee and referred to the Board for approval.
Financial Impact
Funds are available within the Capital Improvement fund (Account #054-0000-443300 Roadway Medians and Parkway Maintenance) for this additional expense.
Recommended Action/Motion
I move to approve payment to ComEd for the additional cost of $22,661.71 to bury the overhead cables at 167th Street and LaGrange Road for a total cost of $105,661.71.