Title
Resolution Authorizing the City Manager to Increase the Contract Amount by $2,800,000 for the Annual Needs Roadway Maintenance Contract with Highland Paving Co., LLC of Fayetteville, NC [Budget Impact - Capital Roadway Improvement Plan Street Rehab Project (2TRSR1710)]
Body
LEGISLATIVE INTENT/PURPOSE:
WHEREAS, City Council approved the Annual Needs Roadway Maintenance Contract with Highland Paving Co., LLC (“Highland”) on October 5, 2021, in the amount of $6,123,859; and,
WHEREAS, since the original contract execution, contract extensions and change orders have been issued in the amount of $10,249,893 for additional necessary work; and,
WHEREAS, in order to continue with street resurfacing and rehabilitation work under this contract, City staff request a contract increase in the amount of $2,800,000; and,
WHEREAS, this contract is part of the Capital Roadway Improvement Plan Street Rehab Project (2TRSR1710), and sufficient capital project funds exist for this contract increase.
THEREFORE, BE IT RESOLVED:
THAT, the City Manager is hereby authorized to execute a contract change order for the Annual Needs Roadway Maintenance Project with Highland Paving Co., LLC of Fayetteville, NC, thereby adjusting the contract amount by $2,800,000, for a total amount of $19,173,752.