SUBJECT: First Amendment to a Cost Sharing Agreement between the City of Houston and Rice University.
RECOMMENDATION: It is recommended that City Council adopt an Ordinance approving the First Amendment to a Cost Sharing Agreement between the City of Houston, Texas, and Rice University.
SPECIFIC EXPLANATION: The City of Houston, City Council, adopted Ordinance 2016-769 on October 12, 2016 approving a Cost Sharing Agreement with Rice University that took effect on October 19, 2016. The Agreement provides for the terms and conditions by which Rice will design and construct a new 12” waterline, and the City will reimburse Rice for 70% of the allowable project design and construction costs defined in Exhibit A of the Agreement up to an amount not to exceed $588,938.00.
Rice has requested an amendment to change the project design to improve water flows to the Rice campus, without increasing the percentage of the City’s reimbursement obligation.
This First Amendment will replace Exhibit A in the Agreement and reduce the City’s participation in the project costs from $588,938.00 to $587,978.80, which is 70% of the estimated allowable costs set forth in Exhibit A. The estimated total project cost of design and construction is reduced from $841,340.00 to $839,969.71.
Approval of the First Amendment to a Cost Sharing Agreement is requested.
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Carol Ellinger Haddock, P. E.
Acting Director
Department of Public Works and Engineering