Palos Verdes Estates

City Council

June 09, 2026 Item #5

Agenda Item 5

5. ADOPT A RESOLUTION TO APPROVE THE PLANS AND SPECIFICATIONS\nFOR THE FISCAL YEAR 2025-2026 ANNUAL SLURRY SEAL PROJECT\n(PW-720-25); AWARD A CONSTRUCTION CONTRACT TO PAVEMENT\nCOATINGS CO. IN THE AMOUNT OF $337,900 UTILIZING REALLOCATED\nRESTRICTED FUND ; APPROVE ADDITIONAL CONSTRUCTION\nEXPENDITURES NOT TO EXCEED $67,580, WHICH IS APPROXIMATELY\n20% OF THE CONSTRUCTION CONTRACT AMOUNT; AUTHORIZE THE\nCITY MANAGER TO EXECUTE ALL CONTRACT DOCUMENTS; AND\nAUTHORIZE THE CITY CLERK TO RECORD THE NOTICE OF\nCOMPLETION UPON ACCEPTANCE OF THE WORK BY THE PUBLIC\nWORKS DIRECTOR\nRecommendation: Staff recommends that the City Council adopt the\nResolution to: 1. Approve the plans and specifications for the Fiscal Year\n(FY) 2025-2026 Annual Slurry Seal Project (City Project No. PW-720-25);\n2. Award a construction contract to Pavement Coatings Co. in the\namount of $337,900 utilizing reallocated restricted funds; 3. Approve\nadditional construction expenditures not to exceed $67,580, which is\napproximately 20% of the construction contract amount; 4. Authorize the\nCity Manager to execute all contract documents; and 5. Authorize the\nCity Clerk to Record the Notice of Completion upon Acceptance of the\nWork by the Public Works Director