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2 <br />On June 16, 2009 the Board endorsed a resolution as part of a project agreement with NCDOT <br />to provide transportation stimulus funds for the project. The project is eligible for <br />reimbursement up to $429,457 in American Recovery and Reinvestment Act program funds, on <br />condition that the County meets all federal deadlines and reporting requirements. <br />On September 29, 2009, NCDOT and the County received construction authorization from the <br />Federal Highway Administration for the Twin Creeks Greenway Project (U-4726 GA). The <br />project was advertised per NCDOT requirements and bids were received on November 19tH <br />In order to qualify for this stimulus fund reimbursement of up to $429,457, this bid award and <br />construction contract must be approved before December 31, 2009. In compliance with federal <br />requirements, construction contracts must be awarded to the lowest responsible, responsive <br />bidder after advertisement and solicitation of competitive bids. <br />FINANCIAL IMPACT: The bid award is well within the overall project budget excluding the <br />stimulus reimbursement. The project budget also includes approximately $200,000 in <br />contingency funds that will remain in the Twin Creeks project account if not applied to <br />unforeseen site conditions once construction begins. A summary of the Phase I budget is <br />attached. <br />RECOMMENDATION(S): The Manager recommends the Board: <br />• Award the bid to McQueen Construction in the amount of $498,992.40 for the <br />construction of the Twin Creeks (Moniese Nomp) Park, Phase I; and <br />• Approve the resolution as requested by NCDOT; and <br />• Authorize the Chair to sign the resolution; and <br />• Authorize the County Manager to execute the contract subject to County Attorney review <br />on behalf of the Board, and to sign necessary change orders to the extent of the project <br />budget. <br />