Resolution accepting the bid of Hawkins Construction Company in the amount of $8,017,377.95 for the West Broadway Reconstruction, Segment 3. Project # PW19-20

On February 26, 2019, one bid was received in the office of the city clerk as follows:

The Contract Documents for the project include a special provision for incentives and disincentives.  If the maximum incentive of $225,000 is earned by Hawkins, the project cost will be $8,242,377.95.  Approval of the resolution accepting the bid includes authorization for this incentive payment.

Segment 3 of the reconstruction project will completely rebuild West Broadway from 28^th Street to just west of 24^th Street including the replacement of pavement, traffic signals, street lights, sidewalks, and storm sewers with drainage improvements as a major objective.  The project also includes streetscape amenities such as decorative pedestrian lights, brick paver bands behind the curbs and at intersections, ornamental fencing, ornamental arms for street lights, concrete pavers in crosswalks, decorative paving in the center turn lane and at key intersections, raised planted medians, neighborhood masonry columns, and trees.

As a condition of the Transfer of Jurisdiction, Iowa DOT has provided $20 million in funding for assuming ownership of the roadway previously identified as US-6.  This project is included in the FY19 CIP with a revised budget of $4,000,000 in IDOT funding, $1,765,000 from GO Bonds, and the balance in Sales Tax Funds.  The Iowa West Foundation has agreed to provide funding for the streetscape amenities, which are estimated to be $1,600,000.  

Approval of this resolution.