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July 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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This is an informational report. No Board action is requested.
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ISSUE/BACKGROUND:
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This report provides a brief discussion of the status of the capital projects and the activities that occurred during the period of May 15 - June 15, 2021.
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DISCUSSION:
The RTA has $35.911 million in open contracts for the capital program after issuing the $289K in new contracts, $266K new change orders or amendments and closing no 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 on the Lower Algiers Ferry project has been sent to the FTA regional office for review. The notice to proceed has been issued on the Canal Streetcar Recovery projects, and the bid opening is July 9th for the building on Napoleon Avenue.
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 July 2021
Prepared By: Lona Edwards Hankins, lhankins@rtaforward.org
Title: Chief of Infrastructure and Planning
Reviewed By: Lona Edwards Hankins, lhankins@rtaforward.org
Title: Chief of Infrastructure and Planning
Reviewed By: Gizelle Johnson Banks
Title: Chief Financial Officer
7/2/2021
Alex Wiggins Date
Chief Executive Officer