Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Council warned of tight bond timetable; staff urged firm estimates by July
Summary
Consultants told council the design schedule is compressed and recommended firm cost estimates for the bond call by late July so the bond package can be set; they advised early procurement of long‑lead items where feasible.
Get email alerts on the Finance topic
No spam. Unsubscribe anytime.
Consultants told the council that the project timeline is compressed and that solid cost estimates are needed before the bond call window. Jessica summarized the schedule pressure: “we're kinda running running up against the end of design development mid June... and so you'll see the call bond date and the election day as well. So, we need to have solid estimates and numbers for you for that that calling of that election, really preferably mid vigilant end July.”
Because long‑lead items and contractor availability can affect schedule, consultants recommended identifying items that can be procured or bid early and said CMAR can help by delivering early cost models and bid packages for long‑lead equipment (generators, switchgear) so procurement and construction can proceed on schedule. Councilors asked staff to identify contingencies and fallback paths in case a satisfactory CMAR partner cannot be found before the bond timetable.
