Submitted By
Tammie Grossman, Director Development Customer Services
Reviewed By
LKS
Agenda Item Title
Title
A Resolution Approving a Change Order for the Professional Services Agreement V3 Companies, Ltd. to Develop a Recommended 5-Year Capital Improvement Plan (CIP) for the Village's Surface Parking Lots and a First Amendment to the Agreement to Extend the Contract Term and Authorizing the Amendment's Execution
End
Overview
Overview
This is a change order to the contract with V3 Companies, Ltd. for consulting Services for a 5-Year Capital Improvement Plan (CIP) for the Village's surface parking lots. The change order amends the expiration date only from December 31, 2018 to June 30, 2019. We are not seeking additional funds.
Body
Staff Recommendation
Approve the Resolution
Fiscal Impact
The costs for this approved contract are funded through the Enterprise Fund as follows;
$40,085 - Bid Proposal
$8,000 - Optional Coring
$1,915 - Optional Additional Services, only if needed
--------------
$50,0000 from GL account number 5060-43770-787-570707 for Building Improvements
Background
V3 Companies, Ltd. began and completed a substantial portion of the contracted work in 2018. This included surveying and documenting existing conditions at 94 Village-operated parking lots. In 2019 V3 Companies, Ltd. is concluding its work providing a report and recommendation for the 5-year Capital Improvement Plan (CIP). The expiration date of the original contract should have been June 30, 2019 to accommodate the known timeline for completing the final report. This contract amendment will update the expiration date to June 30, 2019.
The Village of Oak Park operates 94 surface parking lots. Having a Capital Improvement Plan (CIP) to maintain these facilities is critical. Having well maintained, attractive and safe facilities adds to the Village and our community. Each year the Capital Improvement Plan (CIP) includes an allocation of funds to continue maintaining an...
Click here for full text