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LTC 198-2013 RE Venetian Islands ROW Improvement Bid B&C Report _ BEACI I RE r.F I VF0 OFFICE OF THE rITY MANAGER �3 NO. LTC # 198'X013 LE TER TO bM 8119918 t^' Y C.tEF:I�'S OFFICE TO: Mayor Matti Herrera ouvvvr and M mbers of a City C �ission FROM: Jimmy L. Morales, City Manager DATE: June 7, 2013 SUBJECT: Venetian Islands Right of Way Improvement Project Bid Package B & C Report The purpose of this LTC is to provide a financial summary of the Venetian Islands Right-of-Way Improvement Projects (the Project), comprised of Belle Isle, referred to as Bid Package 13B, and Di Lido, Rivo Alto and San Marino Islands, referred to as Bid Package 13C. The information provided herein was compiled from the best available financial data, and not as a result of a full financial audit of the project. FUNDING: The total amount of $25,592,832 was budgeted from 2003 to the present. The following table illustrates the breakdown of the Project Budget pursuant to funding sources: Table 1 Budget BP-13B& Funding Sources BP-13C Grant Funds $400,000 Above Ground Funds $6,558,150 Water&Sewer Funds $9,018,556 Storm Water Funds $9,616,126 Total: $25,592,832 The following table outlines the funding allocation by categories: Table 2 Budget BP-13B& Funding Categories BP-13C Construction Management Fees $1,051,226 Program Management Fees $1,052,677 Architectural& Engineering Fees $2,780,177 Construction $20,708,752 Total: $25,592,832 EXPENDITURES: The City has spent and encumbered $24,858,331 from 2003 to the present as follows: Table 3 Expenditures and Categories Commitments Construction Management Fees $629,450 Program Management Fees $1,001,722 Architectural & Engineering Fees $2,767,157 Construction $20,460,002 Total: $24,858,331 Venetian Islands BP-13B&C—Report June 7, 2013 Page 2 of 2 Construction Management fees in the amount of$629,450, and Program Management fees in the amount of $1,001,722 were paid to the Capital Improvement Projects (CIP) office, and Hazen and Sawyer, Program Management Consultant, respectively, for their services performed for the Project. The $2,767,157 for Architectural and Engineering (A/E) fees spent on the Project is comprised of $2,017,858 to Edwards and Kelcey, for planning, design, permitting, construction administration and Resident Project Representative services for both Bid Package 13B and 13C; $530,160 were awarded to Schwebke- Shiskin for re-design, permitting, and construction administration services for Bid Package 13C only; and $219,139 were paid on other miscellaneous expenditures including: permitting fees, surveying and testing services. Funding in the total amount of$20,460,002 has been spent and/or committed for construction services as follows: • A construction contract for the Venetian Islands Bid Package 13B, Belle Isle Right-of-Way and Belle Isle Park to Alpine Construction Company in the amount of$7,573,761 • A construction contract to Ric-Man International for the construction of water mains across the Venetian Causeway in the amount of$1,011,719 • A construction contract for the Venetian Islands Bid Package 13C- San Marino, Di Lido and Rivo Alto Islands, to Lanzo Construction Co. Florida, in the amount of $11,373,491 • Encumbrances in the amount of$501,031 for other construction related services SUMMARY Of the $25,592,832 budgeted for the Project from 2003 through 2013, the total expenditures and encumbrances to date are $24,858,331 and balance remaining in the Project budget is $734,501 (See Table 4 below). Table 4 Budget BP-13B-BP- Expenditures and Balance as of Categories 13C Encumbrances 05/15/13 Construction Management Fees $1,051,226 $629,450 $421,776 Program Management Fees $1,052,677 $1,001,722 $50,955 Architectural& Engineering Fees $2,780,177 $2,767,157 $13,020 Construction Fees $20,708,752 $20,460,002 $248,750 Totals: $25,592,832 $24,858,331 $734,501 The total encumbrances and expenditures amount encompasses all the categories: construction management fees, program management fees, A/E professional fees and construction fees. The budget, as it stands today, provides adequate funding to complete the project scope as programmed, including incidentals, such as professional services, testing services, and construction management fees. Please feel free to contact me if you have any questions. JLM: :DM:MH