Title
Schussler Park Renovation with V3 Construction Group, Ltd, Contract Extension, Change Order #16 and Contract Addendum D
History
The Village Board approved awarding RFP #23-037 to V3 Construction Group, Ltd on May 15, 2023 as the general contractor for the redevelopment of Schussler Park for a not-to-exceed contract amount of $10,711,000.00 plus $1,071,100.00 in contingency.
On March 3, 2024, the Village approved Change Order #6 authorizing the use of $101,579.52 in contingency funds for additional landscape planting and maintenance. All contract items have been completed except for the 3 years of landscape maintenance and monitoring activities, which total $18,500. These funds have already been authorized and allocated, and this authorization is limited to the extension of the contract termination date.
On September 3, 2024, the Village approved Contract Amendment C, which authorized additional funds for the construction of the restroom/storage facility and extended the contract termination date to March 22, 2025.
Staff seeks approval to authorize the execution of Change Order #16 and Contract Amendment D with V3 Construction Group, Ltd to extend the contract termination date to March 22, 2028 in order for V3 to complete the 3 years of landscape maintenance and monitoring services.
Financial Impact
None
Recommended Action/Motion
I move to approve and authorize the execution of Change Order #16 and Contract Addendum D to the current contract dated June 21, 2023 with V3 Construction Group, Ltd for the Schussler Park Renovation project to extend the contract termination date from March 22, 2025 to March 22, 2028 for the completion of landscaping maintenance and monitoring services.