Peru staff reports $343,541 in project changes absorbed by contingency on $32M filter-media project
Staff told the board it has negotiated credits and change items totaling $343,541 on the Peru Water Plant Filter Media Project; the board was informed these costs are within the project's contingency and require no contract-price increase or formal SRF modification.
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Staff updated the board on the Peru Water Plant Filter Media Project, describing a series of adjustments and corrective work that produced a net credit on certain items (about $46,637) but an aggregate set of change items totaling $343,541. Staff said the project has a contingency built into the $32,000,000 contract and that the change items will be absorbed within that contingency, meaning no contract-price increase, no SRF-funded contract modification and no formal change order is required.
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