He Ara Kotahi revised construction estimates and tender report

Council

16 October 2017

That Council note the October 2017 Revised Estimate Forecast for the He Ara Kotahi project of $14,636,200 which represents an increase of $4,734,200 above the 2015-25 Long Term Plan budget Committee Meeting date Report Title Author Current Position Final Decision provision of $9,902,000. Furthermore, this represents an increase of $2,319,700 in Council’s share of the project.
That Council confirm implementation of the He Ara Kotahi project based on the October 2017 Revised Estimate Forecast sum of $14,636,200, noting that appropriate budget and funding adjustments will be required as outlined in Table 10 of the appended report, at least in the interim.
That Council award Contract 03456 Manawatū River Pedestrian Cycle Bridge to Concrete Structures (NZ) Limited of Rotorua for their alternative tender priced at $10,594,084.84 (excl. GST) noting the need to get this contractor on site as soon as possible to ensure the Urban Cycleway Fund requirement of $3,000,000 expenditure by 30 June 2018 is met.
That Council apply for additional funding from the Urban Cycleways Programme based on it meeting 1/3 of the total programme cost after deducting the Powerco contribution of $500,000.
That Council request that Powerco increase its contribution to the Project based on the original cost sharing ratio outlined in Table 11 of the appended report.
That Council commit to construction of stages 1C and 2 of the He Ara Kotahi project in line with the proposed funding and budget adjustments as outlined in Table 10 of this report, at least in the interim.
That a project update report be given to full Council by end of December.