STRATEGIC PRIORITY: Transportation & Infrastructure
AGENDA DATE: June 14, 2023
COUNCIL DISTRICT(S): All
DEPARTMENT: Department of Public Works
EXECUTIVE: Dr. Robert Perez
______________________________________________________________________
SUBJECT
Title
Authorize (1) a correction to Resolution No. 23-0114, previously approved on January 11, 2023 with Texas Materials Group, Inc. dba TexasBit, a CRH Company, to adjust the appropriation in the General Fund by decreasing estimated receipts and appropriations in the amount up to $2,465,842.65 for the construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company, (2023 Annual Street Maintenance Improvement Contract); (2) an adjustment to the appropriation increase in receipts in the Equity Fund by increasing receipts and appropriations in the amount up to $2,000,000.00; and (3) an increase in receipts adjusting the appropriation in the Street and Alley Improvement Fund by increasing receipts and appropriations in the amount up to $465,842.65 for the construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company (2023 Annual Street Maintenance Improvement Contract) a correction to Resolution No. 23-0114, previously approved on January 11, 2023 with Texas Materials Group, Inc. dba TexasBit, a CRH Company to revise funding from the General Fund to the Equity Fund and Street and Alley Fund - Not to exceed $48,906,741.15 - Financing: No cost consideration to the City General Fund ($25,533,007.50), Equity Fund ($2,000,000.00), and Street and Alley Fund ($21,373,733.65)
Body
BACKGROUND
Texas Materials Group, Inc. dba TexasBit, a CRH company, was established in 1948 in Dallas, Texas and their current corporate headquarters is located in Irving, Texas.
On September 22, 2021, the City Council authorized the final reading and adoption of the appropriation ordinance for the FY 2021-22 City of Dallas Operating, Capital, and Grant & Trust Budgets, which included the ARPA Funds from the U.S. Department of Treasury for the Coronavirus Local Fiscal Recovery Funds.
On January 11, 2023, the City Council authorized a construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company, to provide construction services for the 2023 Annual Street Maintenance Improvement Contract by Resolution No. 23-0114.
This action will authorize (1) a correction to Resolution No. 23-0114, previously approved on January 11, 2023 with Texas Materials Group Inc. dba TexasBit, a CRH Company, to adjust the appropriation in the General Fund by decreasing estimated receipts; and appropriations in the amount up to $2,475,842.65 for the construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company, (2023 Annual Street Maintenance Improvement Contract); (2) an adjustment to the appropriation an increase in receipts in the Equity Fund by increasing and appropriations in the amount up to $2,000,000.00, and (3) adjusting the appropriation in the Street and Alley Improvement Fund by increasing receipts and appropriations in the amount up to $465,842.65 for the construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company (2023 Annual Street Maintenance Improvement Contract). a correction to Resolution No. 23-0114, previously approved on January 11, 2023 with Texas Materials Group, Inc. dba TexasBit, a CRH Company to revise funding from the General Fund to the Equity Fund and Street and Alley Fund, in an amount not to exceed $48,906,741.15.
Funding from FY 2024 will be used to complete the construction services contract for the 2023 Annual Street Maintenance Improvement Contract with Texas Materials Group, Inc. dba TexasBit, a CRH company.
ESTIMATED SCHEDULE OF PROJECT
Began Construction January 2023
Complete Construction January 2024
PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)
On January 11, 2023, the City Council authorized a construction services contract with Texas Materials Group, Inc. dba TexasBit, a CRH company, to provide construction services for the 2023 Annual Street Maintenance Improvement Contract by Resolution No. 23-0114.
FISCAL INFORMATION
|
Fund |
FY 2023 |
FY 2024 |
Future Years |
|
Equity Fund |
$ 2,000,000.00 |
$0.00 |
$0.00 |
|
Street and Alley Improvement Fund |
$21,373,733.65 |
$0.00 |
$0.00 |
|
General Fund |
$25,533,007.50 |
$0.00 |
$0.00 |
|
Total |
$48,906,741.15 |
$0.00 |
$0.00 |
M/WBE INFORMATION
|
Contract Amount |
Procurement Category |
M/WBE Goal |
|
$234,157.35 |
Construction |
32.00% |
|
M/WBE Subcontracting % |
M/WBE Overall % |
M/WBE Overall Participation |
|
100.00% |
100.00% |
$2,465,842.65 $234,157.35 |
|
• This contract meets the M/WBE goal |
|
• Change Order No. 1 - 47.17% Overall MWBE participation |
|
• Texas Materials Group, dba, TexasBit, a CRH company - Local; Workforce - 12.10% Local |
OWNER
Texas Materials Group, dba, TexasBit, a CRH company
420 Decker Drive
Irving, Texas 75062
Ronald D. Stinson Jr., Vice President - Project Development
MAP
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