Evaluation Form With DBE Goal Rev. 01-2022
FISCAL IMPACT STATEMENT
PROGRAM: PW00678 -TRAFFIC SIGNAL IMPROVEMENTS AT W. CLINTON AVE & N. VALENTINE AVE (BID PACKAGE CAV 01) |
PW00944 CONSTRUCTION OF STORM DRAINAGE FACILITIES IN
DRAINAGE AREA "AL", CONTRACT "AL-42" (BID PACKAGE CAV 02)
RECOMMENDATION PW00678 PW00944 TOTAL
Direct Cost $1,120,421 $213,632 $1,334,053
Indirect Cost $ 463,971 $ 64,168 $ 528,147
TOTAL COST $1,584,400 $277,800 $1,862,200
Additional
Revenue or Savings
Generated __________
Net City Cost $1,584, 400 $277,800 $1,862,200
Amount Budgeted
(If none budgeted,
identify source) $1,319, 200 $352,800 $1,672,000
Indirect cost consists of the following:
Preliminary Engineering $ 195,000 $ 25,600 220,600 Construction Engineering $ 112,881 $ 17,100 129,981 Construction Utilities $ 12,914 $ 0 12,914 Construction Materials $ 31,097 $ 0 31,097
Contingency $ 112,079 $ 21,468 133,555
Total $ 463,971 $ 64,168 $528,147
The traffic signal improvement project at Clinton and Valentin e is federally funded by Congestion Mitigation and Air Q uality Program (CMAQ) grant. Local match is funded with Local Developer Fees (New Growth & Traffic Signal/Mitigation Impact Fee).
The Storm Drain Facilities project is locally funded with Cash in Lieu Loan.