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St. Charles Streetcar Line: ADA Project: Cooperative Endeavor Agreement between City of New Orleans and RT A
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DESCRIPTION: Requesting Board Authorization to Negotiate and Approve a Cooperative Endeavor Agreement with the City of New Orleans
AGENDA NO: Click or tap here to enter text.
ACTION REQUEST:
? Approval ? Review Comment ? Information Only ? Other
RECOMMENDATION:
recommendation
AUTHORIZE the Chief Executive Officer to:
Negotiate and Approve a Cooperative Endeavor Agreement (CEA) between the City of New Orleans and RTA.
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ISSUE/BACKGROUND:
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The St. Charles Streetcar Line: ADA Accessibility Project has been completed. During the project life cycle, RTA managed and funded engineering, while the City of New Orleans (CNO) managed and funded construction. As there is a letter agreement between RTA and CNO to equally share project costs, a Cooperative Endeavor Agreement (CEA) is needed to reimburse CNO as construction costs exceed engineering costs.
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DISCUSSION:
The Total Project cost is $561,898.35. Since RTA only paid $157,134.45 for engineering, while the CNO paid $404,763.90 for construction, RTA must reimburse CNO $123,814.73 to offset costs.
FINANCIAL IMPACT:
RTA will reimburse the CNO $123,814.73 and will funded this cost through local account 1.1122
NEXT STEPS:
Upon Board approval, staff will negotiate and approve a cooperative endeavor agreement with the City of New Orleans
ATTACHMENTS:
1. Board Resolution
2. Letter Agreement dated April 17th, 2017
3. CEA Cost Breakdown Summary
Prepared By: Stephen Mitchell, Infrastructure Mitchell, Department Infrastructure Project Manager, smitchell@rtaforward.org
Reviewed By: Lona Infrastructure Edwards Hankins, Department Chief of Infrastructure & Planning, lhankins@rtaforward.org
Reviewed By: Gizelle Banks, Chief Financial Officer Finance Department, Gbanks@rtaforward.org
Click or tap to enter a date.
Alex Wiggins Date
Chief Exec...
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