File #: 2020-0351   
Type: Informational Report Status: Filed
File created: 5/13/2020 In control: Board of Directors - Regular Board Meeting
On agenda: 8/27/2020 Final action: 8/27/2020
Title: CONSIDER: A. AMENDING the Life-of-Project (LOP) budget by $200,000,000 for the Westside Purple Line Extension Section 1 Project (Project) of $2,778,879,593 to $2,978,879,593 using the fund sources as summarized in Attachment A, consistent with the provisions of the Board-adopted Measure R and Measure M Unified Cost Management Policy (Attachment B), and B. AUTHORIZING the use of $200,000,000 representing unused Expo Phases 1 and 2 funds for the proposed LOP Budget increase.
Sponsors: Construction Committee
Indexes: Beverly Hills, Budget, City of Los Angeles, Construction, Contracts, Design build, Funding plan, Informational Report, Intersections, Long range planning, Long Range Transportation Plan, Measure R, Metro Vision 2028 Plan, Plan, Policy, Policy analysis, Professional Services, Project, Project management, Safety, Subgrade (Pavements), Tar sands, Twenty-eight by '28 Initiative, Westside Subway Ext (Project), Westside Subway Extension/Purple Line Extension Phase 1, Westside Subway Extension/Purple Line Extension Phase 2
Attachments: 1. Attachment A - WPLE 1 Funding-Expenditure Plan, 2. Attachment B - WPLE 1 Measure R and Measure M Unified Cost Management Policy Analysis, 3. Attachment C - WPLE 1 Project Projected Breakdown of Cost Allocation, 4. Presentation
Meeting_Body
CONSTRUCTION COMMITTEE
AUGUST 20, 2020

Subject
SUBJECT: WESTSIDE PURPLE LINE EXTENSION SECTION 1 PROJECT

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATIONS

Title
CONSIDER:

A. AMENDING the Life-of-Project (LOP) budget by $200,000,000 for the Westside Purple Line Extension Section 1 Project (Project) of $2,778,879,593 to $2,978,879,593 using the fund sources as summarized in Attachment A, consistent with the provisions of the Board-adopted Measure R and Measure M Unified Cost Management Policy (Attachment B), and

B. AUTHORIZING the use of $200,000,000 representing unused Expo Phases 1 and 2 funds for the proposed LOP Budget increase.

Issue
ISSUE

The Project has entered the sixth year of its nearly nine year expected duration and is 63% complete as of June 30, 2020. To date, the Project has experienced higher than expected differing site conditions, an increase in third party and safety requirements, and changes in scope related items. These unexpected conditions and additional requirements have impacted the LOP Budget. The Project is in the process of determining any impacts that these same issues may have on the Project schedule.

The Project will continue to assess any and all future Project risks, and the impacts that these risks may have on the LOP Budget and Project schedule.

To address the project cost contingency drawdowns detailed below, fund ongoing construction, third party and professional services expenses, and restore some unallocated contingency, staff recommends a total LOP budget increase of $200 million at this time.

Background
BACKGROUND

Section 1 of the nine-mile Westside Purple Line Extension Project is the first of three sections that has been designed and is currently under construction as part of the Los Angeles County Metropolitan Transportation Authority (LACMTA) Measure R Program. Section 1 extends the existing Purple Line by 3.92 miles beginning at the Wilshire/Western Station. From th...

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