TO: LINDA REICH, CITY MANAGER
FROM: HYE JIN LEE, PE, DIRECTOR OF PUBLIC WORKS
SUBJECT
title
???Notice of Completion for the Traffic Signal Installation - Eucalyptus Avenue at Fern Avenue Project (TR240) with Elecnor Belco Electric, Inc.??
end
RECOMMENDATION
???1) Accept the Contract No. 2024-263 to Elecnor Belco Electric as complete for the Traffic Signal Installation - Eucalyptus Avenue at Fern Avenue Project (TR240); 2) authorize the Director of Public Works to file the Notice of Completion on behalf of the City of Chino; and 3) authorize the release of retention funds following the 35-day lien period.??
body
FISCAL IMPACT
???The contract was completed within the City Council approved contract budget for TR240. There is an unused contingency balance of $68,502.44 which will be returned to the General Fund Balance at our year end close.??
TR240 - Traffic Signal Installation - Eucalyptus Avenue at Fern Avenue
?Contract
?Contingency
?Original Contract & Contingency
?$1,146,360.00
?$114,636.00
?Contract Change Order No. 1
?$18,831.45
?($18,831.45)
?Contract Change Order No. 2
?$27,302.11
?-($27,302.11)
?Contract Change Order No. 3
?($14,510.10)
$0.00
?Final Contract Amount & Contingency
?$1,177,983.46
?$68,502.44
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above furthers the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Positive City Image
* Responsible Long-Range Planning
* Public Service Excellence through Internal and External Partnerships
Revenue: Click or tap here to enter text.
Expenditure: 3207100 - 48009 - TR240
Transfer In: 1001000-40001
Transfer Out: 3201000-50000
BACKGROUND
?On May 7, 2024, the City Council awarded a construction contract to Elecnor Belco Electric, Inc., for the Traffic Signal Installation - Eucalyptus Avenue at Fern Avenue Project (TR240) for $1,146,360 and a c...
Click here for full text