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Council committee approves $122,000 contract increase tied to Park District change orders
Summary
Staff told the Infrastructure committee a $122,000 increase to the guaranteed maximum price for a renovation project at 200 Wood Street is attributable to Park District change orders and parking-lot work; the Park District will reimburse the village, and roughly $37,000 of contingency remains.
The Infrastructure & Environment Committee reviewed an increase to the village's guaranteed maximum price (GMP) contract for a renovation project at 200 Wood Street. Staff characterized the increase (about $122,000) as necessary to accommodate Park District change orders and parking-lot work and said the Park District will reimburse the village for those costs under the contract arrangement.
Staff also said that, after the change orders and previously approved parking-lot work, approximately $37,000 remains available for miscellaneous items as the project nears completion. A committee member praised the project progress; the committee voted to place the contract increase on the consent agenda for council approval.
