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d t FLO } <br />o,rT or swM ��o <br />City of Sunny Isles Beach <br />18070 Collins Avenue <br />Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 City Hall <br />(305) 949-3113 Fax <br />MEMORANDUM <br />TO: Honorable Mayor and City Commissioners <br />VIA: Stan Morris, City Manager <br />FROM: Susan Simpson, Deputy City Manager <br />DATE: May 19, 2022 <br />RE: Approval of Change Order No. 1 to the Agreement with The Stout Group fo <br />the Golden Shores Utility Undergrounding Project.A <br />RECOMMENDATION: <br />Staff recommends approval of this Resolution. <br />REASONS: <br />The Stout Group has requested approval of Change Order No. 1 to cover material cost escalatior <br />driven by supply chain interruptions, manufacturing cost increases and unprecedented inflation for <br />the Golden Shores Undergrounding Project. ThisChange Order will increase the overall contract <br />amount by $135,150.30. <br />ADDITIONAL INFORMATION: <br />During the bidding process it was identified that COVID-19 had, and would continue to have, an impact <br />on production and delivery of materials. To ensure the City was protected from unknown cost impacts, <br />bidders were instructed to include all conduit and associated accessories based on the September 1, <br />2021 Consumer Price Index. Price increases were then continued to be reviewed periodically. There <br />are no contractor markups or profits included in this change order, and increases are a direct pass <br />through. <br />FUNDING SOURCE: <br />Funds have been appropriated in account no. <br />ATTACHMENTS: <br />Resolution <br />Item Number: 10.Y <br />632 <br />