Item I09 1.9
County f � .�� ",�, 1 BOARD OF COUNTY COMMISSIONERS
Mayor Craig Cates,District 1
Mayor Pro Tem Holly Merrill Raschein,District 5
The Florida Keys
Michelle Lincoln,District 2
James K.Scholl,District 3
David Rice,District 4
County Commission Meeting
April 19, 2023
Agenda Item Number: I.9
Agenda Item Summary #11976
BULK ITEM: Yes DEPARTMENT: Airports
TIME APPROXIMATE: STAFF CONTACT: Richard Strickland (305) 809-5200
N/A
AGENDA ITEM WORDING: Approval to use funding currently allocated to the Owner's
Allowance Account in CMAR GMP Amendments 2 and 3 to cover the cost of the Builder's Risk
insurance premium required for the Concourse A Terminal and Improvements Program at the Key
West International Airport.
ITEM BACKGROUND: The approved GMP Amendments include the cost of Builder's Risk
insurance; however, due to the current market conditions, the premium for the required coverage is
exceeding the available balance remaining in the schedule of values for Builder's Risk costs in the
GMP amendments. The owner's allowance was included and approved in the GMP Amendments
and is available to cover the shortfall.
PREVIOUS RELEVANT BOCC ACTION: Approval of the CMAR Prime Construction
Activities Agreement and GMP Amendment 1 to the Construction Activities Agreement for the
early works package on August 17, 2022. Approval of GMP Amendment 2 on September 21, 2022,
and approval of GMP Amendment 3 and Change Order 4001 on December 7, 2022.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
FINANCIAL IMPACT:
Effective Date:
Expiration Date:
Total Dollar Value of Contract:
Packet Pg. 1623
1.9
Total Cost to County: 0
Current Year Portion:
Budgeted:
Source of Funds:
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: If yes, amount:
Grant:
County Match:
Insurance Required: No
Additional Details:
REVIEWED BY:
Beth Leto Completed 04/03/2023 12:44 PM
Richard Strickland Completed 04/03/2023 5:08 PM
Pedro Mercado Completed 04/03/2023 5:10 PM
Purchasing Completed 04/03/2023 5:24 PM
Budget and Finance Completed 04/04/2023 8:49 AM
Brian Bradley Completed 04/04/2023 9:34 AM
Lindsey Ballard Completed 04/04/2023 9:44 AM
Board of County Commissioners Pending 04/19/2023 9:00 AM
Packet Pg. 1624