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HomeMy WebLinkAbout1992-04-21 - AGENDA REPORTS - OVERLAY PGM PROJ 91 09 (2)P CONSENT CALENDAR AGENDA REPORT City Manager Approval Item to be presented y• �i��, � Anthony J. Nisich 1 1 Jay/" U DATE: April 21, 1992 SUBJECT: FY 91-92 OVERLAY PROGRAM - PROJECT NO. 91-09 DEPARTMENT: Community Development BACKGROUND On March 10, 1992, Council authorized the advertisement of the subject project. The project consists of resurfacing the roadway to extend the service life of portions of Soledad Canyon Road, Newhall Avenue and Valencia Boulevard. An asphalt -rubber hot mix will be used for this overlay project. On March 31, 1992, the .following bids were received by the City Clerk: Company Bid Amount Industrial Asphalt $731,676.25 Griffith Company 749,725.26 Excel Paving Co. 759,965.00 Granite Construction Co. 779,468.00 Security Paving Co. 779,917.50 Manhole Adjusting Co. 848,225.25 Blacktop Materials 890,602.60 The Engineer's estimate for this project is $851,860. Staff recommends that a portion of the savings realized from the budgeted estimate be used to extend the limits of resurfacing on Soledad Canyon Road. A total of $1,060,000 has been budgeted under Account No. 25-96009-227 for design, contract administration, inspection, and construction of this project. Staff recommends that the project be awarded to Industrial Asphalt. Industrial Asphalt possesses the necessary State Contractor's license and is a member in good standing. RECOMMENDATION 1. Award the contract to Industrial Asphalt in the amount of $731,676.25. 2. Authorize the use of portions of the savings (up to $100,000) from the estimated budget to extend the limits of resurfacing on Soledad Canyon Road. The remainder of the savings will be held in contingencies until completion of the project, then all subsequent savings be transferred to other street projects. Attachment: Key Map AGN/629 App'fioUffl Agenda Item: 1 FRope56 To ExrelD �. Limo (mcr LDckr(D4 Tb K VW1414W W FIELD PROJECT LOCATIONS KEY MAP