HomeMy WebLinkAbout06.b. (Handout) Project Budget Overruns within the 15% GM AuthorityPROJECT BUDGET OVERRUNS
WITHIN THE 15% GM AUTHORITY
04/8/15 ENGR. AND OPERATIONS COMMITTEE MEETING
TP EQUIPMENT REPLACEMENT PROGRAM, DP 7265:
Capital Improvements Budget (CIB):
FY 14 -15 CIB Budget Amount $ 1,268,100
Total Estimated Project Budget: $ 1,268,100
Current Estimate to complete project:
Current Amount Spent To Date $ 1,238,300
HVAC Design (MCB, Headworks, MCC 42) $ 35,000
HVAC Equipment (Headworks) $ 35,000
Flowserve 3WHP Pumps (Pump, Installation) $ 73,800
Network Switches $ 30,000
New Estimated Project Budget: $ 1,412,100
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Project was initiated in 2007 and has purchased several items such as primary
sludge pumps, back up UPS systems, spare particulate filters for the standby
engines, strainers for the 3WLP system, DAFT scum arms, replacement VFD's,
and other equipment through the treatment plant.
Estimated project overrun of $144,000 (11.3 %) due to the following:
MCC 42 and MCB HVAC work, these items are in poor condition and are
failing. Replacement is needed prior to the summer.
Complete payment for work on the new 3 -water high pressure pump and
network switches.
Staff has conducted a budget analysis of the FY 2014 -15 Treatment Plant
program and concluded that there are sufficient funds as shown in the following
table:
FY 2014 -15 Allocation Budget
TP Program
Authorized Estimated Allocations for Projects, Includes
Contingency.
$
4,486,000
Supplemental Board Authorizations
$
519,450
Allocations Returned from Closeouts
$
0
Total Board Authorized FY 2014 -15 Allocations
$
5,005,450
FY 2014 -15 Allocations to Date
$
2,160,900
This Allocation for DP 7265 overrun
$
144,000
Remaining Unallocated Budget
$
2,700,550
Project will be closed after this work is completed.