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ADDITION <br />CABARRUS COUNTY <br />BOARD OF COMMISSIONERS <br />REGULAR <br />FEBRUARY 15, 2016 <br />1 <br />AGENDA CATEGORY: <br />New Business <br />SUBJECT: <br />County Manager - Raging Ridge Road Extension and Bridge <br />BRIEF SUMMARY: <br />The North Carolina Department of Transportation ( NCDOT) received bids <br />for the Raging Ridge Road extension and bridge construction. There were <br />a total of seven bids with Country Boy Landscaping the apparent low <br />bidder (the bid sheet is attached). The low bid is more than the total <br />budget for the project. In addition, NCDOT requires 15% of the project <br />cost to be budgeted for their work which includes inspection, <br />administration, testing and overhead. That leaves an unfunded need of <br />$381,187 that the County will need to fund before the contract can be let. <br />There is approximately $450,000 left from the financing of Hickory Ridge <br />Middle and High School that can be used for this purpose. NCDOT will <br />only bill expenses up to the 15% for this project so any savings would <br />remain with the County. <br />REQUESTED ACTION: <br />Motion to authorize the remaining Hickory Ridge funds up to $381,187 to <br />be applied to the Raging Ridge Road Extension and Bridge project. <br />EXPECTED LENGTH OF PRESENTATION: <br />5 Minutes <br />SUBMITTED BY: <br />Jonathan B. Marshall, Deputy County Manager <br />BUDGET AMENDMENT REQUIRED: <br />G -5 Page 133 <br />