SUBJECT
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Ratification of Guaranteed Maximum Price Amendment for FY21-ENG-015 Construction Manager-at-Risk (cost of the work plus a fee with a guaranteed maximum price) for the City of Laredo Sports Complex Venue to Leyendecker Construction of Texas, Inc., in the amount not to exceed $10,289,756.00 for the completion of full development of 10 synthetic turf infields and outfields. The construction contract amount including Change Order No.1 is $45,000,000.00. Funding is available in the Sports & Community Venue Fund and 2021 Sports Venue Bond.
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PREVIOUS COUNCIL ACTION
On June 5, 2023, City Council authorized City management to move forward with the 45 million dollars as discussed and amended.
On December 6, 2021, City Council awarded contract RFQ/RFP FY21-ENG-015 Construction Manager-at-Risk (cost of the work plus a fee with a guaranteed maximum price) for the City of Laredo Sports Complex Venue to Leyendecker Construction of Texas, Inc., in the amount not to exceed $32,000,000.00, which includes $2,406,244.00 for pre-construction phase services, and as a component of CMAR's Guaranteed Maximum Price (GMP) construction overhead, profit, and general conditions charges based on the 12-month project; and authorizing the City Manager to negotiate and execute all related contract documents contingent upon receipt and approval of insurance and bond documents. The CMAR will work with the architect and the City during the design process to ensure the feasibility and constructability of the Sports Complex Venue within the project budget. The CMAR will submit a proposed Guaranteed Maximum Price (GMP) for the construction of the project, which is within the City's construction budget. Funding is available in the 2021 Sports Venue Tax. City
Secretary Valdez stated the following changes to the item for city council consideration: from $32,000,000.00 to $34,710,244.00 and from $2,406,244.00 to $2,710,244.00.
BACKGROUND
One Request for Proposal was received at the C...
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