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CHANGE ORDER NO. FIVE TO CONTRACT NO. K-1213-67: BY AND BETWEEN THE NORMAN TAX INCREMENT FINANCE AUTHORITY AND CGC, L.L.C., INCREASING THE CONTRACT AMOUNT BY $20,728.11 FOR A REVISED CONTRACT PRICE OF $6,528,278.09 FOR THE LEGACY PARK PROJECT TO ADD ELECTRICAL OUTLETS FOR HOLIDAY AND FESTIVAL DECORATIONS AND BUDGET APPROPRIATION FROM THE UNIVERSITY NORTH PARK TIF FUND BALANCE.
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BACKGROUND: On January 22, 2013, the Norman Tax Increment Finance Authority (NTIFA) approved Contract K-1213-67 with CGC, LLC, in the amount of $5,897,900, which included the base bid and eight of the alternate bids. On June 11, 2013, NTIFA awarded Alternate No. 11 from the original bid in the amount of $865,000, establishing the total contract amount of $6,762,900 for the Legacy Park Project and also approved Change Order No. One for changes to the fountain package for a net deduct of $343,600 creating a revised contract amount of $6,419,300. On August 23, 2013, the City Manager administratively approved Change Order No. Two in the amount of $13,506, which included additional masonry work, storm drain inlets, water line clean out fitting and removing existing pavement. On February 11, 2014, NTIFA approved Change Order No. Three in the amount of $74,743.98 for additional footings, piers, electrical conduit and steel support for the stage structure. On May 14, 2014, the City Manager administratively approved Change Order No. Four which extended the contract date by 90 days due to inclement weather from the beginning of the project. There was no financial adjustment in Change Order No. Four.
DISCUSSION: CGC, LLC, has now submitted Change Order No. Five in the total net amount of $20,728.11. This change order includes three different items. The first item adds electrical outlets along the west side walkways that will accommodate holiday and other festival decorations. This request was brought by City staff following comments that were made during a previous City Co...
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