Recommend approval to authorize the City Manager to execute Contract Modification No. 3 for the Neighborhood Resource Center with Rives E. Worrell a JE Dunn Company in the amount of a net reduction of $92,993.

The original contract was for the site and building construction of the Pennsylvania Avenue Resource Center. This contract amendment includes a credit for decorative light fixtures and for shared project savings. The shared savings is a condition within the design-build contract, wherein if the actual cost of the work is less than the Guaranteed Maximum Price (GMP) the difference (“savings”) will be shared on a percentage basis of 30% to the Design-Builder and 70% to the Owner. Items listed within the cost savings log consist of materials and associated labor that were less costly than the original estimate, remaining contractor contingency, and unused general conditions. 

• Decorative lighting - ($10,500)
• Shared Savings - ($82,493)

The original contract was approved by Council on June 9, 2016 in the amount of $476,545.  Modification No.1 was approved by Council on May 24, 2018 in the amount of $6,076,272.  Modification No. 2 was approved by Council on December 20, 2018 in the amount of $27,816.  The total amount of this contract to date, including this amendment is $6,487,640.

Approval