|
TO: |
Board of Trustees |
|
THROUGH: |
Jay Fox, Executive Director |
|
FROM: |
Mary DeLoretto, Chief Service Development Officer |
|
PRESENTER(S): |
Dave Hancock, Director of Capital Development |
|
|
Travis Colledge, UTA Project Manager |
TITLE:
title
Contract: Funding Agreement for Provo Pedestrian Bridge TIGER Program Project (Utah Department of Transportation)
end
AGENDA ITEM TYPE:
Non-Procurement Agreement
RECOMMENDATION:
Approve the Funding Agreement regarding the Provo Pedestrian Bridge (under the TIGER grant Program of Projects), authorize UTA’s Executive Director to execute the agreement, and authorize the receipt of $1,100,000 in Transit Transportation Investment Funds (TTIF).
BACKGROUND:
UTA is engaged in the TIGER Program of projects to construct first and last mile improvements across the UTA service area. In April of 2018 an RFP was issued for construction manager/general contractor services, following which a contract was executed with Granite Construction Company for phase 1 pre-construction services. Subprojects under the TIGER Program have been executed through phase 2 contract amendments and change orders with Granite.
One of the TIGER projects is a pedestrian bridge in Provo. The Utah Department of Transportation (UDOT) has selected the Provo Pedestrian Bridge to receive 1,100,000 from the TTIF. The subject agreement:
- Authorizes the transfer of $1,100,000 of funds from UDOT to UTA;
- Requires expenditure of provided funds on the Provo Pedestrian Bridge;
- Requires expenditure of matching non-state funds of $733,333 on the Provo Pedestrian Bridge;
Necessitates project reporting to UDOT.
DISCUSSION:
This Board agenda item is dealing specifically with the TTIF funding agreement from UDOT in the amount of 1,100,000. This request is to officially receive the funding from UDOT already awarded and accounted for in the TIGER program but not yet transferred to the project.
CONTRACT SUMMARY:
|
Contractor Name: |
Utah Department of Transportation |
|
Contract Number: |
23-P00256 |
|
Base Contract Effective Dates: |
May 25, 2023 - May 25, 2024 |
|
Extended Contract Dates: |
N/A |
|
Existing Contract Value: |
N/A |
|
Amendment Amount: |
N/A |
|
New/Total Contract Value: |
$1,100,000 |
|
Procurement Method: |
N/A |
|
Budget Authority: |
5-year Capital Plan |
|
|
|
ALTERNATIVES:
Without these funds, UTA would need to find alternative funding sources to complete the Provo pedestrian bridge or default on their obligation to complete construction.
FISCAL IMPACT:
This funding agreement authorizes the transfer of $1,100,000 of funds from UDOT to UTA. This request is to officially receive the funding from UDOT already awarded and accounted for in the TIGER program but not yet transferred to the project. Ownership of this pedestrian bridge will transfer to the city once the project is completed, and the bill of sale is issued. The required match amount is already included in the existing project budget.
ATTACHMENTS:
Contract