Description of Contract Being Renewed: Outside Roadway Reconstruction and Widening, Jane Addams Memorial Tollway Mile Post 56.8 to Mile Post 60.8.
This construction contract was originally advertised on 11/07/2014, IPB# 22034843. Bids were received on 12/11/2014. The contract was awarded to Plote Construction, Inc. / Dunnet Bay Construction Co. (JV) by the Tollway Board of Directors on 1/29/2015 via Board resolution 20569 in the amount of $76,879,371.88. The current contract expiration date is 12/23/2017. Additional time is required to settle claims, balance quantities, and complete closeout activities. This renewal is to extend the expiration date of the contract by one year to 12/23/2018.
There are no funds being added for this renewal. The $135,999.75 represents the remaining funds in the original contract that are for retainage and unpaid work. If additional funds are required they will be managed through the change order process.