TITLE
Recommendation to authorize City Manager, or designee, to execute all documents necessary to amend Contract No. 34964 with Swinerton Builders, of Los Angeles, CA, for the construction of the Phase II Terminal Area Improvements at the Long Beach Airport, to increase the contract amount by $21,295,013, for a revised contract amount of $80,104,503, and increase the contingency amount by $5,565,675, for a revised contingency amount of $12,015,675, for a revised total contract amount not to exceed $92,120,178;
Authorize City Manager, or designee, to execute all documents necessary to amend Contract No. 34964 with Swinerton Builders, of Los Angeles, CA, to allow for the execution of Construction Site Use Agreements with Swinerton Builders, in conjunction with the Phase II Terminal Area Improvements at the Long Beach Airport;
Express intent to issue airport revenue bonds in an amount of up to $21,000,000 in principal to finance a portion of the construction costs for Phase II Terminal Area Improvements at the Long Beach Airport and the costs associated with issuing a bond; authorize City Manager, or designee, to execute all necessary documents to bring forth a bond for City Council consideration; and
Increase appropriations in the Airport Fund Group in the Airport Department by $26,087,385, offset by a combination of funds available and airport revenue bond proceeds. (District 5)
DISCUSSION
On May 8, 2018, the City Council awarded a design-build contract to Swinerton Builders (Swinerton) for the design and construction of the Phase II Terminal Area Improvements (Phase II), in the amount of $58,809,490 and authorized a contingency in the amount of $6,450,000, for a total contract not to exceed $65,259,490.
City Council approval is requested to amend Contract No. 34964 with Swinerton, to increase the contract amount by $21,295,013 for a revised contract amount of $80,104,503 and increase the contingency by $5,565,675 for a revised contingency amount of $12,0...
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