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HomeMy WebLinkAbout05. (Handout) Project Budget Overruns within the 15% GM Authorityst PROJECT BUDGET OVERRUNS WITHIN THE 15% GM AUTHORITY 2/11/14 ENGR. & OPS COMMITTEE MEETING SIESMIC IMPROVEMENTS FOR HOB, DP 8226: Budget: Board - approved total budget at construction award: $ 5,716,000 General Manager's allocation of funds for project budget overruns —4% . Add: $ 225,000 New Total Project Budget: $ 5,941,000 Total Estimated Costs in 13/14 CIB: $ 6,221,000 Major overrun contributors: - Higher costs due to lead issues, includes abatement costs and associated consultant work. -Costs for moving HOB staff was more than anticipated. -Final closeout and staff time is taking longer than expected due to subcontractor issues. Additional staff time is most likely needed for the project. SAN RAMON PS UPGRADES, DP 8226: Board - approved total budget at construction award: $ 402,000 General Manager's allocation of funds for project budget overruns —12% . Add: 50,000 New Total Project Budget: $ 452,000 Total Estimated Costs in 13/14 CIB: $ 457,000 Major overrun contributors: These additional funds will be used for extra work requested by the Collection System Operations group. The work consists of upgrading the communications between the newly installed pump and motor vibration sensor and the District's Wonderware SCADA program and screens. This work was not included in the original Contract. CAEngineering \8226 & 6003 Overrun Memo v2.doc