Title
2015 Road Improvement Program - Additional Funding
History
On May 18, 2015, the Village Board approved the bid for Austin Tyler to perform work for the 2015 Road Improvement Program.
The 2015 road program is currently engaged in the repair of streets in the following neighborhoods: Heritage Estates, Caro Vista, Brighton Court, Country Club Estates, Ishnala 7, and Eagle Ridge Subdivisions. Work in these areas will include pavement related repairs to deteriorated/hazardous sidewalks and curb/storm sewer structures that are being repaired or replaced on an “as needed” basis. The road program will also complete pavement overlays for John Humphrey Drive and Fun Drive. The road program is also upgrading all non-compliant sidewalks within the 2015 repair areas to comply with current ADA standards.
The estimated bid amount for the neighborhood road improvement and reconstruction projects was $5,574,325.80. The Austin Tyler Bid came in under budget at $5,075,845.66 for an estimate-to-bid savings of $498,480.00.
Based on projected progress and costs, it is apparent that there will be some notable cost savings from the programmed work. The work programmed for the awarded Austin Tyler bid for $5,075,845.66 is tracking at an actual cost of approximately $4,995,846 for a bid-to-actual cost saving of $80,000. This bid-to-actual savings, plus the estimate-to-bid savings equates to approximately $578,480.
Staff is requesting approval to utilize these program savings to expand the Road Improvement Program to include the Eagle Ridge Subdivision Townhomes project area (the adjacent townhome section of Eagle Ridge south of Eagle Ridge Drive, including 183rd Street from Orland Parkway to the recently paved 104th Avenue), and 158th Courts (east and west of 78th Avenue). Anticipating savings within the 2015 Road Program, these project repair areas were not included in the Village’s 5-Year Road Program Priority list, scheduled to be implemented in 2016, as it was a...
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