Created : May 10, 2014 at 10:42 PM
April 15, 2014
Status:
Open Agenda
Approve a funding increase for the Replacement of the Existing Scoreboard, Regional Athletic Facility, Blanche Ely High School, Pompano Beach, Project No. P.000067, in the amount of $8,000, which will come from the Capital Projects Reserve. The total approved project budget will be $115,000.
The original capital funding of $55,000 was Board approved on February 22, 2012 for a new, larger scoreboard with the balance of the cost of the new scoreboard to be raised by the School?s Administration, in the form of donations from alumni and other community supporters. The funds for the overall budget of $107,000 is currently available, however; the best negotiated project cost from an approved contractor is $115,000 which is $8,000 above the total funds available. The project was previously bid twice, with the price coming in significantly higher after the last bid. Utilizing the recently awarded Construction Services Minor Projects agreement, the vendor provided the best opportunity to negotiate the price, with the least possible impact to the District.
The total approved project budget will be $115,000. There will be an additional financial impact of $8,000, which will come from the Capital Projects Reserve.
Requested Action
Approve a funding increase for the Replacement of the Existing Scoreboard, Regional Athletic Facility, Blanche Ely High School, Pompano Beach, Project No. P.000067, in the amount of $8,000, which will come from the Capital Projects Reserve. The total approved project budget will be $115,000.
Summary
The original capital funding of $55,000 was Board approved on February 22, 2012 for a new, larger scoreboard with the balance of the cost of the new scoreboard to be raised by the School?s Administration, in the form of donations from alumni and other community supporters. The funds for the overall budget of $107,000 is currently available, however; the best negotiated project cost from an approved contractor is $115,000 which is $8,000 above the total funds available. The project was previously bid twice, with the price coming in significantly higher after the last bid. Utilizing the recently awarded Construction Services Minor Projects agreement, the vendor provided the best opportunity to negotiate the price, with the least possible impact to the District.
School Board Goals
| Goal 2: Continuous Improvement |
Financial Impact
The total approved project budget will be $115,000. There will be an additional financial impact of $8,000, which will come from the Capital Projects Reserve.
Source of Additional Information
Dave Archer 754 321-1521
Associated File Attachments
