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002 <br /> of the work during the Board's summer break in anticipation of bringing a project reconciliation <br /> report including the lift station modifications to the Board at this first regular meeting. <br /> The following shows the project budget and the contingency allocation to these proposed <br /> change orders estimated by the designer: <br /> Revenues - <br /> #30042 4,848,400 <br /> Expenses Encumbered and Reserved for Encumbrances <br /> P/A/E, Easements (637,000) <br /> Construction (2,942,954) <br /> Contingency (484,000) <br /> Balance 784,446 <br /> Proposed change orders ("PCOs") against contingency: <br /> Available Contingency: 484,000 <br /> PCO1: Approved increase of force main from 6" to 8" (30,000) <br /> PCO2: Approved deepening of BRLS (230,000) <br /> PCO3: Material unit price contract reconciliation <br /> Buckhorn 57,000 <br /> Efland (153,000) <br /> Net contingency balance after change orders 128,000 <br /> PC03 represents an estimate of the material quantities necessary for the project (rock, <br /> unsuitables, fill, etc.). This may be a series of change orders in accordance with the State's <br /> contract procedure, be it a debit or credit to the project, and will be fully reconciled once the <br /> entire project is complete. <br /> FINANCIAL IMPACT: There are sufficient funds within the project to cover the necessary <br /> change orders. <br /> RECOMMENDATION: The Manager recommends the Board accept this information regarding <br /> the project status of the Efland Phase 2/Buckhorn sanitary sewer project and the change order <br /> cost reconciliation associated with the State approved deepening of the Brookhollow Road Lift <br /> Station ("BRLS"). <br />