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HomeMy WebLinkAbout2021/01/12-Attachments-M&C 21-0026City of Fort Worth, Mayor and Texas Council Communication DATE: 01/12/21 M&C FILE NUMBER: M&C 21-0026 LOG NAME: 2020E. NORTHSIDE DR AT COLD SPRINGS ROUNDABOUT SUBJECT (CD 9) Authorize Execution of a Contract with Reyes Group, Ltd. in the Amount of $2,247,084.50 for Construction of Multi -Lane Roundabout at East Northside Drive and Cold Springs Road Intersection RECOMMENDATION: It is recommended that the City Council authorize the execution of a contract with Reyes Group, Ltd. in the amount of $2,247,084.50 for construction of multi -lane roundabout at East Northside Drive and Cold Springs Road Intersection project (City Project No. 101584). DISCUSSION: This Mayor and Council Communication (M&C) is to authorize a construction contract for construction of multi -lane roundabout at East Northside Drive and Cold Springs Road. The construction contract will be funded using 2018 Bond Program Fund available in the project (City Project No. 101584). The project was advertised for bid on September 24, 2020 and October 1, 2020 in the Fort Worth Star -Telegram. On October 22, 2020, the following bids were received: Bidders Amount Time of IL Completion - Reyes Group, Ltd. $2,247,084.50 180 Working Days McClendon Construction $2,290,244.35 Co, Inc. ,L McMahon Contracting $2,375,603.45 Pavecon Public Works, $2,527,141.85 L.P. Jackson Construction Ltd $2,683,050.25 FNH Construction, LLC $2,723,191.00 Civil $2,821,082.50 EForth rs, LLC This project will have no impact on the Transportation and Public Works annual operation budget when completed. Construction is expected to start in April 2021. This project is included in the 2018 Bond Program. Available resources within the General Fund will be used to provide interim financing until debt is issued. Once debt associated with the 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 Nos. 23209-05-2018) and subsequent actions taken by the Mayor and Council. M/WBE OFFICE — Reyes Group, Ltd. is in compliance with the City's BIDE Ordinance by committing to 20% MBE participation. The City's MBE goal on this project is 20%. Additionally, Reyes Group, Ltd. is a certified M/WBE firm. The project is located in COUNCIL DISTRICT 9. FISCAL INFORMATION / CERTIFICATION: The Director of Finance certifies that funds are available in the current capital budget, as previously appropriated, in the 2018 Bond Program Fund for the East Northside Drive & Cold Springs Road project to support the approval of the above recommendation and execution of the contract. Prior to any expenditure being incurred, the Transportation and Public Works Department has the responsibility to validate the availability of funds. Submitted for City Manager's Office by. Dana Burghdoff 8018 Originating Business Unit Head: William Johnson 7801 Additional Information Contact: Monty Hall 8662