CCP 06-12-2006 - Laserfiche WebLink

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. . . ~ ~~ILLS MEMORANDUM DATE: TO: FROM: SUBJECT: AGENDA ITEM: SA June 12, 2006 Mayor and City Council Michclle Wolfe, City Administrator ~~ 2006 PMP Projcct: CIP Cost Impacts BACKGROUND One June 12 the City Council will be considering whether or not to award the bid for the 2006 PMP project. As previously reported, the bids came in higher than the Engineer's Estimate, Staff has spent the last few weeks trying to identify cost savings with the project. As of this writing we are still working on some options, It appcars we may be able to cover the overage for the Water fund, aJ1d cover some of thc ovcragcs in thc Gcncral Capital and Stormwatcr funds. As noted in the June 12 memorandum from City Engineer Deb Bloom, staff is recommending awarding the bid for the 2006 PMP project The information in this report is provided in conjunction with the City Engineer's memorandum to assist Council with review of proposed action. DISCUSSION Council has inquired how staff would proposc to adjust capital project aJ1d equipment expenditures in the future to account for the higher bid prices. The CIP is still in thc progress of being developed, so we have the opportunity to develop the proposed five-year CIP (2007-2011) already knowing the cost impacts of the 2006 PMP project. But looking at the most recent staff version of the CIP, we have some possibilities for review and discussion aJ1d we proceed with development of the CIP, In the project funds, the differencc between the Engineer's Estimate and the Construction bid was as follows: General Capital Fund* Storm Sewer Fund Sanitary Sewer Fund Water Fund $ 72,686.77 $ 147,463.47 $ (1,584.50) $ 71,060.16 *The expenditures from the Capital Fund will be supplemented by $200,000 in the General Fund.