File #: 2020-0805   
Type: Budget Status: Passed
File created: 11/20/2020 In control: Board of Directors - Regular Board Meeting
On agenda: 1/28/2021 Final action: 1/28/2021
Title: CONSIDER: A. INCREASING the Life of Project (LOP) Budget for the Regional Connector Concurrent Non-FFGA Project Activities, capital project number 861228, by the amount of $12,948,000 from $46,441,168 to $59,389,168 consistent with the provisions of the Board-adopted Measure R and Measure M Unified Cost Management Policy, for the purposes of providing an incentive for Regional Connector Constructors (RCC) to complete transit facilities ten weeks early thereby permitting an earlier Revenue Service Date and mitigating impacts to the community.
Sponsors: Construction Committee
Indexes: Arts District, Budget, Budgeting, Capital Project, Capital Project Funds, Central Los Angeles subregion, Commercial buildings, Construction, Contractors, Contracts, Design build, Downtown Los Angeles, Full Funding Grant Agreement, Funding plan, Guideways, Historic Broadway Station, Little Tokyo, Little Tokyo/Arts District Station, Los Angeles Union Station, Measure R, Measure R and Measure M Unified Cost Management Policy, Metro Rail A Line, Metro Rail E Line, Metro Rail L Line, Payment, Project, Rc Non-Ffga Activities For Regional Connector (Project), Regional Connector Transit Corridor Project, Revenue Service, Structural supports, Testing, Westside/Central Service Sector
Attachments: 1. Attachment A - Funding Plan, 2. Attachment B - Measure R and Measure M Unified Cost Management Policy Analysis
Related files: 2021-0022
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
JANUARY 21, 2021



Subject
SUBJECT: REGIONAL CONNECTOR EARLY COMPLETION INCENTIVE AGREEMENT

Action
ACTION: APPROVE RECOMMENDATION

Heading
RECOMMENDATION

Title
CONSIDER:
A. INCREASING the Life of Project (LOP) Budget for the Regional Connector Concurrent Non-FFGA Project Activities, capital project number 861228, by the amount of $12,948,000 from $46,441,168 to $59,389,168 consistent with the provisions of the Board-adopted Measure R and Measure M Unified Cost Management Policy, for the purposes of providing an incentive for Regional Connector Constructors (RCC) to complete transit facilities ten weeks early thereby permitting an earlier Revenue Service Date and mitigating impacts to the community.

Issue
ISSUE

Construction of the Regional Connector Transit Project (Project) necessitated the demolition of the Little Tokyo/Arts District Station, which was taken out of rail service on October 24, 2020. This began a twenty-two-month bus bridge between Union Station and the Pico/Aliso L Line (Gold) Station while new underground facilities are constructed and the system commissioned. Based on the construction progress to date, there is an opportunity to complete and begin testing the guideway early, while challenges at the Historic Broadway Street Station are resolved. An early completion of the overall project will provide multiple benefits to the community and to Metro. The design-build construction contract does not contain an incentive provision to encourage the contractor to complete construction early or to resolve issues without delay. The cost of this proposed early completion incentive agreement is not included in the Project budget, necessitating an increase in the LOP Budget.

Background
BACKGROUND

The demolition of the Little Tokyo/Arts District Station started on October 24, 2020 and began a twenty-two-month bus bridge for passengers traveling between Union Station, Little Tokyo/Arts Dist...

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