Metro - File #: 2015-1556

• File #: 2015-1556
• Type: Budget
• Status: Passed
• File created: 7/1/2015
• In control: Board of Directors - Regular Board Meeting
• On agenda: 10/22/2015
• Final action: 10/22/2015
• Title: CONSTRUCTION COMMITTEE FORWARDED DUE TO ABSENCES AND CONFLICTS the approval of the attached agreement referred to as "Contract Modification", including partial close-out of the I-405 Sepulveda Pass Widening Project ("Project"), in the amount of $103M and modifications to the schedule of the Arbitration Agreement. This recommendation is an interim increase to the Life-of-Project (LOP) budget by $103M, increasing the LOP budget from $1,205.4M to $1,308.4M and amend the FY16 budget by $103M.
• Sponsors: Board of Directors - Regular Board Meeting
• Indexes: Arbitration, Budget, Budgeting, Construction, Contracts, Design build, Freeway service patrols, High occupancy vehicle lanes, I-405, I-405 Sepulveda Pass, I405 Car Pool Lane (Project), Payment, Project, Proposition C, Regional Surface Transportation Program, Regional transportation, Safety

Date	Action By	Action	Result
10/22/2015	Board of Directors - Regular Board Meeting
10/15/2015	Construction Committee

Meeting_Body
CONSTRUCTION COMMITTEE
OCTOBER 15, 2015



Subject/Action
SUBJECT: I-405 SEPULVEDA PASS IMPROVEMENTS PROJECT
ACTION: AUTHORIZATION FOR LIFE-OF-PROJECT BUDGET INCREASE


Heading
RECOMMENDATION

Title
CONSTRUCTION COMMITTEE FORWARDED DUE TO ABSENCES AND CONFLICTS the approval of the attached agreement referred to as "Contract Modification", including partial close-out of the I-405 Sepulveda Pass Widening Project ("Project"), in the amount of $103M and modifications to the schedule of the Arbitration Agreement. This recommendation is an interim increase to the Life-of-Project (LOP) budget by $103M, increasing the LOP budget from $1,205.4M to $1,308.4M and amend the FY16 budget by $103M.
Issue
ISSUE

In order to initiate the close-out process for the Project, Metro staff is requesting an increase in the LOP of $103M for partial close-out of the Project in accordance with the Contract Modification.

Discussion
DISCUSSION

The 2006 California State Senate Bill 1026 authorized Metro to conduct a demonstration program to enter into a design-build contract for the construction of the northbound high-occupancy vehicle (HOV) lane and related improvements on Interstate 405 freeway through the Sepulveda Pass that would complete the final link in one hundred miles of HOV lanes stretching from Orange County to North Los Angeles County. The strategy to proceed with a design-build contract arrangement was undertaken as a means to facilitate acceleration of the Project, reducing the duration of impact to adjacent communities and returning the corridor to full utility a number of years earlier, including significant improved safety with interchange improvements, wider shoulders, ramps and bridges.


On April 23, 2009, the Board awarded Contract C0822 for the design and construction of the I-405 Sepulveda Pass Widening Project to Kiewit Infrastructure West, Co. and established an original LOP budget of $1,034M for the Project.
A rep...