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HomeMy WebLinkAboutMEMO TO COUNCIL - 2007-909 41r.:1 I W CITY OF WATERLOO, IOWA gigot .�.. WATERLOO ENGINEERING DEPARTMENT R 715 Mulberry St. • Waterloo, IA 50703 • (319) 291-4312 Fax (319) 291-4262 a„(erl pp ERIC THORSON,P.E. • City Engineer 80 oz- goy/ Mayor October 16,2007 TIMOTHY J. 9002 HURLEY A102207 Honorable Mayor Hurley and City Council Members COUNCIL Waterloo City Hall Waterloo,IA 50703 MEMBERS REGINALD A. RE: F.Y.2007 U.S.63/Westfield Avenue Connection SCHMITT NHSX-63-6(69)-07 Ward I INITIAL DESIGN PHASE Agreement for Professional Services CAROLYN Request For Authorization COLE To Use Contingency Ward 2 Honorable Mayor Hurley and Council Members: HAROLD GETTY Please find attached letter from Earth Tech,Inc.requesting the authorization of$40,000 of the Ward 3 contingency for the above-referenced agreement to accommodate the provisional overhead rate adjustment. IOHN A. KINCAID The provisional overhead rate established for the agreement is 150 percent and was based on the actual Ward 4 rates in the 2000 to 2003 fiscal year range. More recent actual rates are in the 160 percent range and work on this agreement began in 2006 and has been ongoing in 2007. Therefore, it has been requested RON that the provisional rate be adjusted from 150 percent to 160 percent for the full term of the agreement. WELPER Ward 5 Under section 3.1.1.2.3 of the agreement, if"these new rates cause the estimated actual costs to be BOB exceeded,the contingency amount will be used". Federal"SAFETEA-LU Earmark"funds could be GREENWOOD utilized for this contingency with a 20%local match. This would amount to$8000 and would be paid At-Large from general obligation bonds. ERIC Staff have reviewed this document requesting authorization of$40,000 of contingency and recommends GUNDERSON the City Council approve said document and authorize the Mayor to sign and enter into this agreement. At-Large If you have any questions or concerns,please contact me at this office. Sincerely, diYje(- Jeff Bales Associate Engineer Attachment Cc: Don Temeyer,Community Planning&Development Director Michelle Weidner,Chief Financial Officer Pauline Closson,Engineering Department WE'RE WORKING FOR YOU! An Equal Opportunity/Affirmative Action Employer