Exhibit 3 - Presentation - CCBonnie Brae Phase 6
Improvement
Project
Award of Construction Contract
Contract Recommendation:
Tiseo Paving Company
12/17/24 File ID 24-2414
Project Scope
Bonnie Brae
•To widen to a 4-lane divided roadway from
University Drive (US380) to N. Elm Street (US77).
•2,600 linear feet of new water mains
•11,600 linear feet of new stormwater mains
Riney Road
•To Widen to a 3-lane roadway (turn lane in
between) from Bonnie Brae to about 120 linear
feet west of the Hardaway Road intersection.
•1,000 linear feet of new water main
•800 linear feet of stormwater upgrades
12/17/24 File ID 24-2414 2
ADVERTISING/BID INFORMATION
•The IFB 8472 Bidding Opening August 28, 2024.
•Two (2) bids were received and opened. The lowest bid received was from Tiseo Paving
Company.
•Bids and all Supporting Documentation sent to Texas Department of Transportation for
approval.
BIDS RECEIVED:
Company Tiseo Paving Company Ed Bell Construction Company
Base Bid Amount $ 36,845,803.49 $ 46,293,277.51
12/17/24 File ID 24-2414 3
PROJECT SCHEDULE & FUNDING SOURCES
SCHEDULE
December 2024:
▪Council Award project to Contractor
▪City issue partial NTP (contractor begin ordering
materials)
January 2025:▪City issues full NTP to Contractor to begin
construction
January 2025:▪Contractor to begin Construction
June 2027:▪Contractor to complete Construction
12/17/24 File ID 24-2414 4
•Funding Source(s):
o 2019 General Obligation Bond Funding
o $27,000,000.00
o Other Water Project Funding
o $173,794.88
o Federal Highway Administration Funding
o Advance Funding Agreement with
TxDOT
o $9,380,660.00 (Federal)
o Denton ISD Funding
o Inter-Local Agreement for Riney Road
o $2,133,638.78
Staff Recommendation
Adoption of an ordinance authorizing the construction contract with Tiseo Paving
Company, in the amount of $36,845,803.49 and a total not-to-exceed amount of
$38,688,093.66 which includes a $1,842,290.17 contingency.
CONTRACT AWARD & OWNER’S CONTINGENCY
Total Contract Amount :$ 36,845,803.49
Owner’s Contingency:$ 1,842,290.17
Total Contract NTE Amount:$ 38,688,093.66
12/17/24 File ID 24-2414 5
Questions?
12/17/24 File ID 24-2414 6