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AGENDA REPORT of 7 3 199
CMT-5( O F MOORPARK ACTION:
TO: The Honorable City Council
The Moorpark Redevelopment Agency / Ahr
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FROM: Kenneth C. Gilbert, Director of Public Works
DATE: June 29, 1995 (Council Meeting 7-5-95)
SUBJECT: Consider Adjustment to the Contract Price for the
Installation of Conduits for Street Lighting and Other
Utilities on High Street
DISCUSSION
On June 28, 1995, the City Council awarded a contract for the
subject work. In preparing the contract documents for this
project, staff discovered an error in the prior estimated cost for
the Public Address System. The resulting reduced cost for this
deleted portion of the work yields a contract price which is higher
than the amount approved on June, 28, 1995. This purpose of this
report is to seek City Council of the amended contract price.
A. Revised Contract Price
The revised contract price is as follows:
Approved Revised
Description Amount ($1 Adjustment ($) Amount ($)
Bid Price 126,275.00 0.00 126,275.00
Less Cost of Public Address System 19,816.00 (13,000.00) 6,816.00
Contract Price 106,459.00 13,000.00 119,459.00
B. Revised Total Project Costs
A summary of the revised total project costs are as follows:
Prior Revised
Description Est. ($) Adjustment ($1 Amount ($)
Construction 106,459.00 13,000.00 119,459.00
Contingency 10,381.00 1,000.00 11,381.00
Less Cost of Public Address System 5,160.00 0.00 5,160.00
Contract Price 122,000.00 14,000.00 136,000.00
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High Street Street Lights
July 5, 1995
Page 2
C. Revised Budget
At a future meeting of the Moorpark Redevelopment Agency (MRA)
it is the intent of staff to request approval of an amendment to
the appropriation and budget for this project as follows:
Approved Revised
Description Budget ($1 Adjustment ($1 Budget ($1
Approved Amount 122,000.00 14,000.00 136,000.00
RECOMMENDATION (Roll Call Vote)
Staff recommends that City Council approve an adjustment to the
contract price for the subject project form $106,459.00 to
$119,459.
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