FISCAL IMPACT STATEMENT
PROGRAM: ITS Clovis Avenue Adaptive Traffic Signal Synchronization Project 209900341 PW01005 Bid No. 12500629
RECOMMENDATION
TOTAL OR
CURRENT
ANNUALIZED
COST
Direct Cost $1,990,683.50
Indirect Cost $1,209,568.50
TOTAL COST $3,200,252.00
Additional
Revenue or Savings
Generated
$ 0
Net City Cost $3,200,252.00
Amount Budgeted
(If none budgeted,
identify source)
$2,711,900.00
Indirect cost consists of the following:
Preliminary Engi neering $ 180,800.00
Construction Engineering $ 479,700.00
Pre-Emptive Equipment $ 350,000.00
Contingency $ 199,068.50
Total $1,209,568.50
The ITS Clovis Avenue Adaptive Traffic Signal Synchronization project is federally funded by Congestion Mitigation and Air Quality Program (CMAQ) grant. The required local match is funded by Measure C Flexible.
Evaluation Form With DBE Goal Rev. 07-2022