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Type:
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Informational Report
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Status:
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Passed
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On agenda:
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1/19/2017
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Final action:
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1/26/2017
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Title:
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CONSIDER:
A. INCREASING the Life of Project (LOP) Budget on the Regional Connector Transit Corridor Project by $199 million from $1,551,840,570 to $1,750,840,570;
B. AMENDING the FY17 Budget on the Regional Connector Transit Corridor Project by $30.6 million from $220,730,000 to $251,330,000;
C. AUTHORIZING the CEO to execute Contract Modification No. 74 with Regional Connector Constructors (RCC) in the amount not to exceed $50,600,000, for delays and schedule mitigation measures, electrical and water utility relocation costs, additional fire life safety engineering and other design and construction changes, increasing the total contract value from $1,052,391,660 to $1,102,991,660.
D. AUTHORIZING the CEO, as part of a one-year pilot, to negotiate and execute project-related agreements, including contract modification(s) up to the authorized Life of Project budget, to streamline project management of the Regional Connector Transit Corridor Project subject to monthly reporting requir...
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Indexes:
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Agreements, Bids, Board approved Life-of-Project Budget, Budget, Budgeting, Capital Project, City of Los Angeles, Congestion Mitigation And Air Quality Improvement Program, Construction, Construction management, Construction Support, Contract administration, Contractors, Contracts, Design build, Downtown Los Angeles, Easements, Federal Transit Administration, Informational Report, Light rail transit, Little Tokyo, Measure R Cost Management Process and Policy, Metro Blue Line, Metro Exposition Line, Metro Gold Line, Metro Rail A Line, Metro Rail E Line, Metro Rail L Line, Mitigation, Payment, Policy analysis, Procurement, Professional Services, Program management, Project, Project management, Regional Connector (Project), Regional Connector Transit Corridor Project, Safety, Time management, Transfers, Transit System, Tunnel Boring Machine launched, Variance, Westside/Central Service Sector
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Meeting_Body REVISED CONSTRUCTION COMMITTEE JANUARY 19, 2017 Subject/Action SUBJECT: REGIONAL CONNECTOR TRANSIT CORRIDOR PROJECT ACTION: ESTABLISH A REVISED LIFE OF PROJECT BUDGET TO RIGHT-PRICE THE REGIONAL CONNECTOR PROJECT Heading RECOMMENDATION Title CONSIDER: A. INCREASING the Life of Project (LOP) Budget on the Regional Connector Transit Corridor Project by $199 million from $1,551,840,570 to $1,750,840,570; B. AMENDING the FY17 Budget on the Regional Connector Transit Corridor Project by $30.6 million from $220,730,000 to $251,330,000; C. AUTHORIZING the CEO to execute Contract Modification No. 74 with Regional Connector Constructors (RCC) in the amount not to exceed $50,600,000, for delays and schedule mitigation measures, electrical and water utility relocation costs, additional fire life safety engineering and other design and construction changes, increasing the total contract value from $1,052,391,660 to $1,102,991,660. D. AUTHORIZING the CEO, as part of a one-year pilot, to negotiate and execute project-related agreements, including contract modification(s) up to the authorized Life of Project budget, to streamline project management of the Regional Connector Transit Corridor Project subject to monthly reporting requirements, that would include any pending project-related agreements, change orders/contract modifications and any significant changes to contract contingency to the Board of Directors. This action would allow the Board to see in advance all project-related agreements and change orders. Issue ISSUE The Regional Connector Transit Corridor Project (Project or Regional Connector Project) is a 1.9-mile underground light rail transit subway in Downtown Los Angeles connecting the existing Metro Gold Line, Metro Blue Line, and Metro Exposition Line light rail transit systems. The Project is extremely complex as it will interface with the different system elements from the existing transit lines and is being constructed through o... Click here for full text
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