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HomeMy WebLinkAboutItem 12 - Palace Theatre Construction Contracts and Terrace AdditionTO: FROM: MEETING DATE: SUBJECT: RECOMMENDATION: ITEM (2 - HONORABLE MAYOR AND CITY COUNCIL MEMBERS ?'71 ROGER NELSON, CITY MANAGER ✓)l/ FEBRUARY 15, 2000 PALACE THEATRE CONSTRUCTION CONTRACTS AND TERRACE ADDITION Staff recommends City Council award multiple contracts for Phase I Construction of the Palace Theatre totaling $1,892,270, the addition of $37,828 in bonds to the contracts for a total of $1,930,098, authorize staff to execute said contracts, the addition of the Add/Alternate Terrace to the Palace Theatre Project, and take any other necessary action. FUNDING SOURCE: Funds are available in the following accounts. Funding Source Construction Loan by Grapevine Area Banks Donations Grapevine Heritage Foundation TOTAL BACKGROUND INFORMATION: Amount $5,000,000 The Palace Theatre Project was projected to cost five million dollars. This projection can be broken into three categories. The three categories are architectural service fees, project management fees, and actual construction costs. The fees for architectural services and project management were set at the onset of the project and the construction costs are being established with the contracts to be awarded. The total project cost, including architectural fees, project management fees, and actual construction cost is projected to be $4,895,572. This includes a contingency of $402,118 and the cost of the Terrace Alternate. If the contracted cost stands as is, a reserve of $104,428 will be realized upon the completion of the project. Staff has included a package with a spreadsheet showing the values of all bids received on February 3, 2000. Also included in this package is a description of the low bid for each contract to be awarded. This information is included to compare the low bid subcontractor Palace Contracts 1 1 February 10, 2000 (9:55AM) to the remaining bidders in each division. Please understand that contracts for every division will not be awarded at this time. The total for this contract package is $1,930,098. The remainder of the construction cost will be incurred when the remaining contracts are awarded. Construction divisions not being awarded contracts at this time have been bid. However, staff is currently evaluating these bids to ensure that they are comprehensive. These contracts will be awarded after staff has qualified the remaining low bidders. The contracts being awarded at this time are as follows: DIVISION 2 SITEWORK Contract Awarded To Amount Demolition — Phase 11 Midwest Wrecking $ 46,550 Termite Treatment Prime $ 1,440 Excavation Action $ 12,550 TOTAL P -69-154-q DIVISION 3 CONCRETE Contract Awarded To Amount Concrete JAZ $291,074 TOTAL DIVISION 4 MASONRY Contract Awarded To Amount New Masonry C&D Comm. $127,929 TOTAL 1$127,929 DIVISION 5 METALS Contract Awarded To Amount Structural Steel H&H $290,000 TOTAL Palace Contracts 1 2 February 10, 2000 (9:55AM) " . ..... . . . . l • : t ♦ I l • Contract Awarded To Amount Hardware University $ 33,989 Fire Doors Cowsert $ 11,945 Overhead Door ABC 8,246 TOTAL DIVISION 9 FINISHES Contract Awarded To Amount Paint Burt $ 80,520 Plaster CA Contracting 52,820 TOTAL DIVISION 10 SPECIALTIES Contract Awarded To Amount Acoustic Fabric AEC $ 6,521 Movable Partition Haden $ 25,210 Toilet Partitions PDV $ 12,615 Toilet Access PDV 5,230 TOTAL DIVISION 14 CONVEYING SYSTEM Contract Awarded To Amount Elevator Dover 29,846 TOTAL DIVISION 15 MECHANICAL Contract Awarded To Amount Plumbing Scott Wright $ 90,000 HVAC Ivey $337,743 Fire Sprinklers Grinnell 44,155 TOTAL Palace Contracts 1 3 February 10, 2000 (9:55AM) DIVISION 16 ELECTRICAL Contract Awarded To Amount Electrical Pruit $373,239 Fire Alarm System Sonitrol 10,648 TOTAL SUBTOTAL $1,892,270 BOND $ 37,828 [TOTAL G NTRACTS $1,930,098 HTH/sdk Palace Contracts 1 4 February 10, 2000 (9:55AM)