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419-2002 RDA Reso RESOLUTION NO. 419-2002 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA) AUTHORIZING APPROPRIATION OF FUNDS, IN THE AMOUNT OF $222,352.92, FROM THE CITY CENTER REDEVELOPMENT AGENCY TAX INCREMENT FINANCING FUND 168; FOR FINAL PAYMENT TO Sol. NICHOLAS, INC, IN THE AMOUNT OF $222,352.92, FOR THE LINCOLN ROAD IMPROVEMENTS PROJECT, BID NO. 79-94/95. WHEREAS, on July 12, 1995, the Mayor and City Commission authorized award of a construction contract to the firm of S. I. Nicholas, Inc. (SIN) for the construction of the Lincoln Road Improvements Project (the Project) and the City gave Notice to Proceed on the same date with construction on the Project commencing on the subsequent week; and WHEREAS, due to varied circumstances, the construction period extended beyond the original projection and lasted over four years; the Project was inspected and approved by stages depending on the areas finished by SIN; and on November 1999, the Project was considered substantially complete and the City issued a check to SIN for Payment Application No. 30; and WHEREAS, SIN did not include in Payment Application No. 30, costs for fittings, in the amount of $199,733, which were not substantiated; and WHEREAS, subsequent to the last payment application, SIN provided the City with a complete listing of all fittings included in the Project, in accordance to the construction documents and the schedule of values, and provided copies of all fitting invoices obtained from the supplier, Ferguson Enterprises, Inc.; and WHEREAS, the current final Payment Application No. 31 (Revised), in the amount of $222,352.92, was submitted to the City's architect of record, Thompson and Wood, for review and certification of the requested amount, and reviewed and approved it on April 20, 2002; and WHEREAS, the Project's final construction cost is $15,534,376, due to additional change orders approved to SIN, which represents a total change order percentage well within industry standards of 3.3%; and WHEREAS, funding is available from the City Center Redevelopment Agency Tax Increment Financing Fund 168; and WHEREAS, the Administration is recommending approval of this Resolution and appropriation of the necessary funding, in the amount of $222,352.92, for the Final Payment to S.1. Nicholas, Inc. for the construction of the Lincoln Road Improvements Project. NOW, THEREFORE, BE IT DULY RESOLVED BY THE CHAIRM N AND MEMBERS OF THE REDEVELOPMENT AGENCY, that the Chairman and Members appro te funds, in the amount of $222,352.92, for Final Payment to S. I. Nicholas, Inc, in the amount of $ ,35 .92, for the Lincoln Road Improvements Project, Bid No. 79-94/95. PASSED and ADOPTED this 29th day of May, 2002. APPRCNEDASTO A~r PlUc/.tM . =~ CITY CLERK A/;/~ T:\AGENDA\2002\MAY2902\REGULA~fd'1 . oc ,~-1.'f- d r - '-' DiIt CITY OF MIAMI BEACH REDEVELOPMENT AGENCY ITEM SUMMARY ~ ~ Condensed Title: A Resolution Authorizing the Appropriation of Funds, in the Amount of $222,352.92 from City Center RDA TIF funds; and Approving Issuance of Final Payment to 5.1. Nicholas, Inc., in the Amount of $222,352.92, for the Lincoln Road Improvements Project, Bid No. 79-94/95. Issue: Should the Chairman and Members of the Redevelopment Agency of the City of Miami Beach authorize the appropriation of the necessary funding and approve final payment to S. I. Nicholas, Inc. for the construction of the Lincoln Road Improvements Project. Item Summary/Recommendation: On July 12, 1995, the Mayor and City Commission authorized award of a construction contract to the firm of S. I. Nicholas, Inc. (SIN) for the construction of the Lincoln Road Improvements Project. The City gave notice to Proceed on the same date and construction on the Project commenced on the subsequent week. Due to varied circumstances, the construction period extended beyond the original projection and lasted over four years. The Project was inspected and approved by stages depending on the areas finished by SIN. On November 1999, the Project was considered substantially complete and the City issued a check to SIN for payment application No. 30. SIN did not include in Payment Application No. 30, costs for fittings, in the amount of $199,733, which were not substantiated. SIN provided the City with a complete listing of all fittings included in the Project in accordance to the construction documents and the schedule of values. Additionally, SIN provided copies of all fitting invoices obtained from the supplier, Ferguson Enterprises, Inc. The current final Payment Application No. 31 (Revised), in the amount of $222,352.92, was submitted to the Architect of Record, Thompson and Wood, for review and certification of the requested amount as is required by the contract with the consultant. Mr. Wood reviewed the payment application and approved it on April 20, 2002. The Administration is recommending adoption of this Resolution and appropriation of the necessary funding, in the amount of $222,352.92, which includes the costs for the fittings, the remaining retainage and costs for concrete curbs, and the Final Payment to S. I. Nicholas, Inc. for the construction of the Lincoln Road Improvements Project. Advisory Board Recommendation: I Not applicable. Financial Information: Amount to be expended: $222,352.92 Source of F~ I Fi'~e~t. City Center Redevelopment Agency Tax Increment Financing Fund 168 Slgn.Qffs: T:\AGENDA\2002\MAY2902\REGUlAR\RDA Lincoln Road Cover.doc AGENDA ITEM DATE .38 S--J.9-0d-. CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 www.cl.miami-beach.fl.us REDEVELOPMENT AGENCY MEMORANDUM To: From: Chairman and Members Date: May 29, 2002 of the Redevelopment Agency Jorge M. Gonzalez \. A ~ Executive Director ().]Jv- 0 A RESOLUTION OF THE CHAIRMAN AND MEMBERS OF THE MIAMI BEACH REDEVELOPMENT AGENCY (RDA) AUTHORIZING THE APPROPRIATION OF FUNDS, IN THE AMOUNT OF $222,352.92, FROM THE CITY CENTER REDEVELOPMENT AGENCY TAX INCREMENT FINANCING FUND 168; AND APPROVING ISSUANCE OF FINAL PAYMENT TO Sol. NICHOLAS, INC, IN THE AMOUNT OF $222,352.92, FOR THE LINCOLN ROAD IMPROVEMENTS PROJECT, BID NO. 79-94/95. Subject: ADMINISTRATION RECOMMENDATION: Adopt the Resolution. FUNDING: Funding is available from the City Center Redevelopment Agency Tax Increment Financing Fund 168. ANALYSIS: On July 12, 1995, the Mayor and City Commission authorized award of a construction contract to the firm of S. I. Nicholas, Inc. (SIN) for the construction of the Lincoln Road Improvements Project. The City gave notice to Proceed on the same date and construction on the Project commenced on the subsequent week. Due to varied circumstances, the construction period extended beyond the original projection and lasted over four years. The Project was inspected and approved by stages depending on the areas finished by SIN. On November 1999, the Project was considered substantially complete and the City issued a check to SIN for payment application No. 30. The previous payment application did not include amounts contested by the City for electrical installations and for piping fitting installations, which had not been substantiated by SIN at the time. SIN chose to enter litigation with his electrical sub-contractor for the electrical portion of the work that the City contested. SIN was successful with the litigation and has subsequently abandoned request for payment by the City, in the amount of Redevelopment Agency Memorandum Lincoln Road May 29, 2002 Page 2 $197,847, for this portion of the work. This amount will not be a part of any future claims to the City and a release for this work will be obtained from SIN prior to the release of funds. In addition, SIN did not include in Payment Application No. 30, the costs for fittings, in the amount of $191,733, which were not substantiated and thus contested by the City. The fittings on the bid documents were to be priced by weight and as such were presented in the Project's schedule of values. The City's contention was that SIN had not provided sufficient information for the evaluation of the item in the schedule of values and that during the process of construction, observations by City staff did not justify the amounts requested. However, the City did acknpwledge that if the costs for the fittings could be substantiated, then SIN should be compensated for them as part of the original contract. Verifying installation of the fittings by weight during the construction was a difficult task and, since SIN did not provide the City at the time with sufficient information to ascertain whether all fittings included in the schedule of values had been purchased and installed, the City rejected this portion of the schedule of values. Subsequent to payment application No. 30, SIN provided the City with a complete listing of all fittings included in the Project in accordance to the construction documents and the schedule of values. Additionally, SIN has provided copies of all invoices for fittings obtained from the supplier, Ferguson Enterprises, Inc. The invoices submitted show the purchases of fittings by weight as well as by pieces. This additional submittal of information by SIN has allowed the City to cross-reference the list of fittings required for the Project by pieces against the fitting invoices provided by weight and pieces. This cross checking has shown that the additional request made by SIN for payment of the fittings, in the amount of $191,733, is justified and in accordance with contract provisions and conditions. Therefore, SIN has submitted his final application for payment, which now includes the acceptable amounts for the fittings. The final application also contains a request for the retainage on the construction of the Lincoln Road Visitors Center, in the amount of $20,000, and for some additional concrete curbs, in the amount of $10,619.92. These amounts were not previously paid to SIN and SIN had agreed to only include them in the final payment application after the questions raised by the City on the fittings and the electrical were resolved. The current final Payment Application No. 31(Revised), in the amount of $222,352.92, which includes the three amounts described above, was submitted to the Architect of Record, Thompson and Wood, for review and certification of the requested amount as is required by the City's contract with the consultant. Mr. Wood reviewed the payment application and approved it on April 20, 2002. The same substantiating materials provided to the City by SIN were provided to Mr. Wood for the review. Redevelopment Agency Memorandum Lincoln Road May 29, 2002 Page 3 The original construction contract bid amount was for $14,497,898, which was reduced during the Project's progress to $14,332,788 due to adjustments in quantities in the schedule of values. Because the project was bid as a unit price contract, these adjustments were made as progress in the Project determined that certain quantities could be reduced. In addition, the initial Project budget included allowances for the Lincoln Road Visitors Center structure at Washington Avenue, in the amount of $250,000; for the Project Contingency, in the amount of $285,000; and for a decorative fountain, in the amount of $9,500. These amounts were subsequently added to the SIN contract and used for the Project's construction, including some of the change orders that were approved during construction. This increased the Project's original construction budget to $15,042,398. The Project's final construction cost is $15,534,376 due to additional change orders approved for SIN during construction that were not part of the allowances described above, and for which funds were appropriated by the City Commission. The total additional cost of the Project after City requested/initiated change orders, not funded from the allowances, is $491,978, which is the difference between the original appropriations and the final payment application. This amount represents a total change order percentage of 3.3%, which is well within industry standards. It is important to note that the amount requested in this Resolution is for work included in the original schedule of values and the unit price contract and is part of the original construction budget. The overall Lincoln Road Improvements Project has expended all of its funds. Contracts with the consulting firms, with the construction manager and others have been closed. The Standing Order for SIN was also closed out. No funds remain from the original appropriations to account for the final payment requested by SIN. Therefore, it is necessary to obtain a new appropriation for the funds included in this Resolution in order to make final payment to SIN for work performed and for which SIN is entitled. The Administration is recommending that the Chairman and Members of the Miami Beach Redevelopment Agency adopt the Resolution and appropriate the necessary funding, in the amount of $222,352.92, for the Final Payment to S. I. Nicholas, Inc. and for the closeout of the Lincoln Road Improvements Project construction. F~\AGENDA\2002\MA Y2902IREGULARIRDA Lincoln Road Closeout.doc