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HomeMy WebLinkAbout(0073) M&C 22-0151City of Fort Worth, Mayor and Texas Council Communication DATE: 03/08/22 M&C FILE NUMBER: M&C 22-0151 LOG NAME: 202022 DOWNTOWN RESURFACING PROJECT YR 1 SUBJECT (CD 9) Authorize Execution of a Contract with Peachtree Construction, LTD in the Amount of $5,147,570.84 for the 2022 Downtown Resurfacing Project RECOMMENDATION: It is recommended that the City Council authorize execution of a contract with Peachtree Construction, LTD in the amount of $5,147,570.84 for the 2022 Downtown Resurfacing project (City Project No. 103452). DISCUSSION: The Fiscal Year 2022 Pay -Go Contract Street Maintenance Program groups various types of street maintenance into specific contract packages. This contract provides for the resurfacuing of streets in downtown at various locations as outlined on the attached project map. Upon completion of the project, there will be no anticipated impact on the General Fund operating budget. This project was advertised for bid on December 16, 2021 and December 23, 2021 in the Fort Worth Star -Telegram. On January 06, 2022, the following bids were received: Bidders Bid Amount Peachtree Construction, LTD. $5,147,570.84 Eavecon Public Works, LP $5,243,057.66 Texas Materials Group, Inc. dba Texas Bit $5,251,220.87 Funding is budgeted in the TPW Highway & Streets Department's General Capital Projects Fund for the purpose of funding the 2022 Downtown Resurfacing Yr 1 project, as appropriated. MWBE - Compliance with the City's Business Equity Ordinance has been achieved by the following method: Peachtree Construction, LTD. is in compliance with the City's Business Equity Ordinance by committing to 5.50% Business Equity participation on this project. The City's Business Equity goal on this project is 26%. This 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 General Capital Projects Fund for the 2022 Downtown Resurfacing Yr 1 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