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HomeMy WebLinkAbout01/09/2007, CLR #2 - DECEMBER 14, 2006, MEETING OF THE NACIMIENTO PROJECT COMMISSION Fr_ 1EIVED iqn� x; 27 MEETING AGENDA. �2 �������IIIIIIIIIIIIIIPp19���III SLO CITY CLERK DATE ` '� ITEM # �'�= f i�&l]alson Repo12t AI2b6q A41 �ci-ty o�san lois osispo �� �� `COUNCIL `C�'CDD DIR CAO _ FIN DIR` ACAO FIRE CHIEF DATE: December 29, 2006 44 ATTORNEY. -2 PW DIR [R CLERK/ORIG '�' POLICE CHF TO: Council Colleagues ❑ DEPT HEADS � REC DIR /$ 9 UTIL DIR FROM: Mayor David Romero � f, H o®tee, 'P CAo SUBJECT: December 14, 2006, Meeting of the Nacimiento Project Commission .v 0- R The Nacimiento Project Commission met on Thursday, December 14`h. The commission received a detailed engineering report regarding all phases of the project,including financial, environmental, design, constructions management, and outstanding engineering issues. Of particular interest is that 90% of the design submittals, consisting of 700 pages of drawings and 1000 pages of specifications, have been submitted for review. This is one of the rare major projects that I have seen in my career that has stayed on a time schedule during all the preliminary phases. Despite major efforts on the part of the design team, costs have escalated from $150,000 million to $186.5 million, a 24% increase caused largely by the worldwide escalation of material costs. San Luis Obispo's total capital cost is estimated at $80.4 million, which will result in`an annual cost between $6.4 million and$7.1 million. The project manager received approval from the Board to consider moving forward on the project with an owner-controlled insurance program, which would eliminate the need of every contractor and sub-contractor on the job providing their own insurance coverage. This has the potential of providing a savings of$3 million for the project. Staff discussed progress in the right-of-way acquisition program. A total of 54 parcels will need to be acquired by the time the contract is awarded. If the rights-of-way cannot be acquired by the critical time, the project could suffer from $400,000 to $500,000 monthly because of price escalation. Nacimiento project staff has been conducting a contractor and supplier outreach program to inform them of the project, listen to their comments, and include possible changes after their review. The first meeting with the contractors and suppliers was held on November 16th, with more than 45 specialty contractors and large suppliers and 25 general contractors at the meeting. There will be two additional workshops with contractors and suppliers prior to bidding on the project. I am impressed again by the progress made in keeping this project on time and relatively close to budget. The atmosphere with all members of the Board is cordial, and it.appears that all participants are firmly committed to the project and moving it along rapidly.