The City Council previously approved the design and preparation of final plans and specifications for the construction of Mark IV Parkway as a divided roadway from Interstate Highway 820 to Cantrell-Sansom Road (M&C C-27048). The plans included a roundabout at the intersection of Mark IV Parkway and Cantrell-Sansom Road and improvements on Cantrell-Samson Road to the west of Mark IV Parkway. Construction of the Mark IV Parkway Arterial improvements were completed in May 2016 as a developer-funded project.
This amendment provides funding for final revisions made to the construction plans and bid documents as a result of Mark IV Parkway being constructed by the developer and for construction services. The remaining portion of the project has been started and will be completed by April 2017. This Engineering Agreement is one component of the overall project that includes construction, project management, real property acquisitions, material testing, inspection and contingencies. The total project budget is in the amount of $3,782,107.00. Upon completion of this capital project, it is anticipated that there will be no impact on the Transportation and Public Works Department's annual operating budget. This Professional Services Agreement will be primarily funded through the 2014 Bond Program. Available resources within the General Fund will be used to provide interim financing for these expenses until debt is issued. Once debt associated with this project is sold, bond proceeds will reimburse the General Fund in accordance with the statement expressing official Intent to Reimburse that was adopted as part of the ordinance canvassing the bond election (Ordinance No. 21241-05-2014) and the subsequent ordinance authorizing debt in 2016 (Ordinance No. 22216-05-2016). The following table summarizes the fees associated with this Professional Service Agreement to date:
City Project No. 02261 | Amount | Project Description | Mayor and Council Communication | Approved | Initial Contract | $98,585.00 | Engineering services for the preparation of construction plans and specifications for the construction of Mark IV Parkway from IH 820 to Cantrell-Sansom Road | C-27048 | 10/21/2014 | Amendment No. 1 | $31,045.00 | Amendment to revise final plans and specifications to construct the arterial portion of Mark IV Parkway from IH 820 to Cantrell-Sansom Road | Approved Administratively | 7/22/2015 | Amendment No. 2 | $122,404.00 | Amendment to revise plans due to changes caused by developer and to provide project management and construction phase services for construction of Mark IV Parkway and Cantrell-Sansom Road Improvements, and an as-built field survey
| Pending | Pending | Total | $252,034.00 | | | |
M/WBE Office – TranSystems Corporation d/b/a TranSystems Corporation Consultants is in compliance with the City's BDE Ordinance by committing to an additional five percent SBE participation on this Amendment No 2. The City's SBE goal on this amendment or extra work is five percent.
This project is located in COUNCIL DISTRICT 2, Mapsco 49B and 49F. |