Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: James C. Porter, Director of Public Works
Subject: Measure K: Transfer Agreement between the County and Fidelity and Deposit Company of Maryland ("Surety") for the Serenity House Project
RECOMMENDATION:
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Measure K: Adopt a resolution authorizing the Director of Public Works to:
A) Execute a Transfer Agreement between the County of San Mateo and Fidelity and Deposit Company of Maryland ("Surety") for the completion of the Serenity House project (Project No. PC023) such that Fidelity will assume all contractual responsibilities and shall be entitled to payment for work performed under the terms and conditions set forth in the agreement with Federal Solutions Group, Inc.; and
B) Authorize payments to Fidelity and Deposit Company of Maryland, as the Surety, in an amount up to $1,684,789.99 for the payment of outstanding financial obligations for work already performed by and unpaid to Federal Solutions Group, Inc., and for work performed under the Transfer Agreement; and
C) Execute subsequent amendments, change/revision orders, and financial and administrative actions necessary to facilitate the transfer and completion of the project by Fidelity and Deposit Company of Maryland such that the total fiscal obligation for this project does not exceed $2,835,000; and
D) Extend the term of the agreement with Fidelity and Deposit Company of Maryland from March 30, 2018 through September 30, 2018.
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BACKGROUND:
On December 13, 2016, your Board adopted Resolution 074956 authorizing the execution of a construction contract with Federal Solutions Group, Inc., with a not-to-exceed amount of $2,585,000, for the Serenity House project. The Serenity House project is a facility renovation that will convert a former dependent children's home into a behavioral mental health crisis residential facility.
On August 8, 2017, your Board adopted Resolution 0...
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