El Monte

City Council

October 17, 2023 Order of Business 14 #4

Agenda Item 4

14.4 Consideration and Approval of a Contract Change Order to R Dependable Const Inc.\nto Increase the Contract Amount from $2,173,000 by an Additional $666,253 and\nApprove a Contingency Amount of $124,938 for a Total Not-to-Exceed Amount of\n$2,964,191 for the Rehabilitation of the Homekey Program Budget Inn Site.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Approve a Change Order to R Dependable Const, Inc. to increase the contract amount\nfrom $2,173,500 by an additional $666,253 to undertake additional improvements for the\nHomekey Program Budget Inn Site;\n2. Allocate a contingency in the amount of $124,938 for a total contract amount not-to-\nexceed $2,96 4,191; and\n3. Authorize the City Manager, or her designee, to execute the Change Order and approve\nadditional unforeseen work within the approved contingency amount that may be\nnecessary during construction.\nTotal Cost: $791,191 Account No: HCD CDBG-CV (214)\nIs the cost of this item budgeted? Yes Homekey Enterprise (216)