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May Capital Projects Report
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DESCRIPTION: A summary of the Capital project portfolio |
AGENDA NO: Click or tap here to enter text. |
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ACTION REQUEST: ☐ Approval ☐ Review Comment ☒ Information Only ☐ Other |
RECOMMENDATION:
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Authorization to receive this report.
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ISSUE/BACKGROUND:
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This report provides a brief discussion of the status of the capital and the projects and the activities that occurred during the period of March 13 - April 13, 2021.
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DISCUSSION:
The RTA has $34.121 million in open contracts for the capital program after issuing the no new contracts, no new change orders or amendments and closing $196K in contracts during this period. The contractor continues with demolition work at the Canal Street Ferry Terminal, is focused on the delivering the temporary berthing and the permanent barge to mitigate rising steel prices. The environmental assessment has begun on the Lower Algiers Ferry project and the team is working with FTA to receive approval on the revised scope for the Algiers Point Ferry project.
FINANCIAL IMPACT:
The portfolio of projects is funded from multiple funding sources, FTA Formula and Competitive Grants, along with State, City and RTA local funds.
NEXT STEPS:
Continue to progress projects until completion.
ATTACHMENTS:
1. Capital Projects Report May 2021
Prepared By: Click or tap here to enter text.
Title: Click or tap here to enter text.
Reviewed By: Click or tap here to enter text.
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Reviewed By: Click or tap here to enter text.
Title: Click or tap here to enter text.
5/5/2021
Alex Wiggins Date
Chief Executive Officer