Item:
Title
Authorize the Increase of the Owners Construction Contingency for the C, M @R contract to LeChase Construction by $104,197 to a total construction contract not-to exceed amount of $21,068,866 for the 300 E. Main St. Structured Parking Deck
Body
Date of BOCC Meeting: February 26, 2024
Request for Board Action:
Agenda Text
The Board is requested to authorize the increase of the owner's construction contingency by $104,197 to execute any other related contracts including change orders, if necessary, not to exceed the available construction budget of $21,068,866 in order to close out the construction contract for the project. (See Attachment 1, Pages 1-18).
The 300 East Main Street Parking Garage (Project) is being constructed as a 7 story +/- 753 space parking garage located on the 300 block of East Main Street in downtown Durham, NC. The garage will serve the residential wrapper co-located on the site, ground level retail, Childcare/Pre-K location and provide parking for various departments for Durham County. The construction of the affordable housing wrapper began last year and is slated for completion around December 2024.
On December 14, 2020, the BOCC authorized the budget appropriations and the execution of the C, M @R "Guaranteed Maximum Price" contract with LeChase for the structured parking garage in the amount of $20,136,930.00 (Bid Package B plus alternates 2, 3, 5, 6, 7, 8, 10, 11, 12 and allowances), and approve the owners construction contingency at (2%) in the amount of $402,739.00 to execute any other related contracts including change orders if necessary not to exceed the available budget of $20,539,669.00 for the project. The project encountered unforeseen conditions and scope increases typical of a project of this size and complexity and again the contingency was increased by $250,000 on May 9, 2022, and by $175,000 on October 10, 2022 due to waterline issues in Queen St. taking the total construction amount to $20,964...
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