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HomeMy Public PortalAboutAB 22-120 Library Expansion GMPMcCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 22-120 Meeting Date May 12, 2022 AGENDA ITEM INFORMATION  SUBJECT: Request to Approve Exhibit A-Guaranteed Maximum Price Amendment to the CM/GC contract with CM Company for the Library Expansion Project Department Approvals Initials Originator or Supporter   Mayor / Council     City Manager  Originator   Clerk     Treasurer  Supporter   Community Development     Police Department     Public Works / Supporter   Golf Course    COST IMPACT: $10,011,986 Parks and Recreation    FUNDING SOURCE: Multiple Sources (see supporting documents) Airport      Library    TIMELINE: Spring 2022 – Summer 2024 Information Systems      Grant Coordinator    SUMMARY STATEMENT: On June 27, 2019, the City of McCall entered into a contract agreement with CM Company (CM) to serve as the Construction Manager/General Contractor (CM/GC) for the library expansion project. Since then, the City, in collaboration with Ratio Design, Inc. (Architect and supporting consultants) and CM have completed an extensive design process that culminated in formal bidding for construction in March 2022. The design process and project budget has been guided by approved library/campus planning documents and presentations, and direction from the Library Board and Council over the past 3 years. Funding for the project is being provided from GO bond financing, multiple city funding sources, grants obtained by the city, and fundraising by the McCall Library Foundation. CM Company concluded formal bidding on 3/31/31. Not all project components received bids. Throughout April, the project team has worked diligently to confirm bidder accuracy, find sub-contractors for non-bid components, and confirm the essential bid alternates that are recommended to be initially awarded. This culminated effort has resulted in a proposed guaranteed maximum price (GMP) of $10,011,986. Attached is a summary table that outlines the GMP and other project costs (Design, Permit Fees, Owner Costs) that identifies a total project investment of $11,099,313. City Manager and Treasurer have developed a funding program that identifies how the city and McCall Library Foundation can fund the total project. City Staff, Ratio, CM, and Zion’s financial advisors will all be available to answer questions from the Council on all aspects of project costs, financing, bid alternate recommendations, and concessions made throughout the design and bidding process that resulted in our final determination of the GMP for the project. Approval of the contract amendment allows the city to proceed to the construction phase of the project.  RECOMMENDED ACTION: Approve Exhibit A-Guaranteed Maximum Price Amendment to the CM/GC contract with CM Company for the Library Expansion Project in the amount of $10,011,986, authorize staff to manage change orders within 10% of the GMP, and authorize the Mayor to sign all necessary documents.  RECORD OF COUNCIL ACTION  MEETING DATE ACTION  06-27-2019 Council approves CM/GC Contract with CM Company, Inc. for Library Expansion  05-18-2021 Voters approved $4.2Million General Obligation Bonds for Library Expansion