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utilizing Park Zone funds to supplement the Five Points Plaza Enhancements Project <br />budget. Council previously approved both the award of Bid #20010, for all line items, <br />as well as a budget amendment to utilize $286,165.00 of Park Zone funds to <br />supplement the project budget, reducing the overall available balance of $651,522 <br />down to $365,357. An additional $108,000 would be needed from the Park Zone Fund <br />to fully fund the project, leaving a balance of $257,357 within the Park Zone Fund. <br />Should council choose this option, a budget amendment would need to be made since <br />these Park Zone funds were not budgeted to be used during the Fiscal Year 2021 <br />budget process. The budget amendment has been prepared and included for Council <br />consideration as a separate agenda item. Any Park Zone funds not utilized at the <br />completion of this project would return to the Park Zone fund. <br /> <br />Staff is recommending City Councilterminate theaward of Sealed Bid #21003to Texas <br />Specialized Construction Services, LLC, and award Sealed Bid #21003 to Perry <br />Construction, for bid items 1, 2, 3, 4, and 5 in the amount of $990,906.00, with a <br />contingency amount of $45,000 for a total authorization of $1,036,425.00. <br /> <br />Benefits: <br /> Second lowest bidder has communicated the willingness to honor bid prices. <br /> Provides for construction of the entire scope of work, as designed. <br /> Considers Considers Considers utilization of Park Zone funds without having to utilization of Park Zone funds without having to utilization of Park Zone funds without having to rere--budget/budget/b <br />udget/re-bid the <br />project project in October 2021in October 2021in October 2021. . . <br /> Avoids potential increased construction cost attributable to anticipated Avoids potential increased construction cost attributable to anticipated Avoids potential increased construction <br /> cost attributable to anticipated <br />inflation.inflation.inflation. <br /> Provides restroom facilities and additional programming/rentaProvides restroom facilities and additional programming/rentaProvides restroom facilities and additional programming/rental <br /> space, which l space, which <br />generate revenuegenerate revenuegenerate revenue. . <br />COPY <br /> Park Zone fund is expected to replenish as development currently under <br />construction continue to pay park land dedication fee(s). <br /> Provides clean and safe restrooms to the visiting public. <br /> <br />Liabilities: <br /> Low bidder’s failure to respond within a timely manner could continue through <br />construction, causing project completion to be delayed. <br /> Bid prices could increase, creating project budget shortfall. <br /> Rejecting bids further delays addition of permanent restroomsand other <br />planned enhancements. <br /> $365,357 Park Zone fund balance is depleted by $108,000, leaving $257,357 <br />remaining in the Park Zone Fund. <br /> <br />ACTION REQUIRED BY CITY COUNCIL <br />Terminate the contract with Texas Specialized Construction Services, LLC for <br />Sealed Bid #21003 for the FivePoints Plaza Enhancements Project, and award <br />Sealed Bid #21003 to Perry Construction for bid items 1, 2, 3, 4, and 5 in the <br />amount of $990,906.00, with a contingency amount of $45,000 for a total <br />authorization of $1,036,425.00. <br />Approved for the City Council meeting agenda <br /> <br />