Metro - File #: 2016-0878

• File #: 2016-0878
• Type: Contract
• Status: Passed
• File created: 10/28/2016
• In control: Construction Committee
• On agenda: 11/17/2016
• Final action: 12/1/2016
• Title: CONSIDER: A. AUTHORIZING the Chief Executive Officer to: 1. EXECUTE Modification No. 3 to Contract No. PS69403444 with Pacific Coast Regional Small Business Development Corporation (PCR) to support the increased level of effort and resources for the remaining two years of the professional services contract and continuation of services to eligible "mom and pop" businesses directly impacted by the unprecedented full street closure along 2nd & Broadway segment of the Regional Connector in the amount of $297,616 increasing the total firm fixed contract value from $1,965,090 to $2,262,706; 2. INCREASE Contract Modification Authority (CMA) specific to Contract No. PS69403444 in the amount of $100500,000 increasing the total CMA amount from $180,000 to $2680,000 to support potential additional services related to BIF fund administration inclusive of the expansion of the BIF to directly impacted and qualifying "mom and pop" businesses along the Purple Line Extension Phase 2; and B. RECEIVI...
• Sponsors: Executive Management Committee
• Indexes: Airport Metro Connector (AMC) Station Project, Board approved Contract, Budget, Budgeting, Business Interruption Fund, Construction, Contracts, Crenshaw/LAX Transit Corridor Project, Grant Aid, Guidelines, Jacquelyn Dupont-Walker, Little Tokyo, Los Angeles International Airport, Measure R, Measure R Admin Costs (Project), Metro Blue Line, Metro Crenshaw Line, Metro Exposition Line, Metro Gold Line, Metro Green Line, Metro Purple Line, Metro Rail A Line, Metro Rail C Line, Metro Rail D Line, Metro Rail E Line, Metro Rail K Line, Metro Rail L Line, Motion / Motion Response, Outreach, Pilot studies, Procurement, Professional Services, Project, Rail transit, Regional Connector Transit Corridor Project, Street closure, Westside Subway Extension/Purple Line Extension Phase 2, Westside/Central Service Sector

Date	Action By	Action	Result
12/1/2016	Board of Directors - Regular Board Meeting
11/17/2016	Construction Committee
11/17/2016	Executive Management Committee

Meeting_Body
REVISED
CONSTRUCTION COMMITTEE
EXECUTIVE MANAGEMENT COMMITTEE
NOVEMBER 17, 2016

Subject/Action
SUBJECT: METRO PILOT BUSINESS INTERRUPTION FUND (BIF)

ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
CONSIDER:

A. AUTHORIZING the Chief Executive Officer to:

1. EXECUTE Modification No. 3 to Contract No. PS69403444 with Pacific Coast Regional Small Business Development Corporation (PCR) to support the increased level of effort and resources for the remaining two years of the professional services contract and continuation of services to eligible "mom and pop" businesses directly impacted by the unprecedented full street closure along 2nd & Broadway segment of the Regional Connector in the amount of $297,616 increasing the total firm fixed contract value from $1,965,090 to $2,262,706;

2. INCREASE Contract Modification Authority (CMA) specific to Contract No. PS69403444 in the amount of $100500,000 increasing the total CMA amount from $180,000 to $2680,000 to support potential additional services related to BIF fund administration inclusive of the expansion of the BIF to directly impacted and qualifying "mom and pop" businesses along the Purple Line Extension Phase 2; and

B. RECEIVING AND FILING the quarterly status report of Metro's Pilot Business Interruption Fund (BIF).

DUPONT-WALKER AMENDMENT to expand the Pilot Business Interruption Fund to include small businesses that may be interrupted along the Purple Line Extension Phase 2.

Issue
ISSUE

In November 2014, the Board of Directors approved the contract with PCR to serve as the fund administrator for Metro's pilot BIF which provides financial assistance to small "mom and pop" businesses directly impacted by transit rail construction along the Crenshaw/LAX transit line, Phase I of the Purple Line Extension and the Little Tokyo area of the Regional Connector Transit Project. In December 2015, the Board approved the expansion of the BIF to include eligible small "mom and pop" ...