Title
Consider a memorandum/resolution approving Change Order No. 5 to the Corporate Hangar Phase II Contract with NASCO, Inc.
Body
DATE: June 17, 2025
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: Approve Change Order No. 5 to the Corporate Hangar Phase II Contract with NASCO, Inc.
BACKGROUND AND FINDINGS:
On February 28, 2023, the City Council awarded a contract to NASCO, Inc., in the amount of $5,335,019.32, for the construction of a second Corporate Hangar at Killeen Regional Airport. The project included the construction of a new hangar building with first floor office space finish out, along with an access road, utilities services, parking lot and other associated improvements.
The previous change orders 1 through 4 added a total of $547,751.84 to the original contract. Change Order No. 5 includes scope revisions such as drainage improvements, installation of a door canopy, additional safety bollards, and a credit for reductions in final project quantities. This change order results in a final contract amount of $5,762,194.26, representing an overall 8.01% increase from the original contract amount.
THE ALTERNATIVES CONSIDERED:
N/A
Which alternative is recommended? Why?
N/A
CONFORMITY TO CITY POLICY:
This item conforms to local and state policies.
FINANCIAL IMPACT:
What is the amount of the revenue/expenditure in the current fiscal year? For future years?
The expenditure will decrease by $120,576.90.
Is this a one-time or recurring revenue/expenditure?
One-time
Is this revenue/expenditure budgeted?
Yes, funds are available for this project in the Airport Improvement Grant Fund account 341-56201-900-605-921048 and the Capital Improvement Fund (CIP) 340-56201-900-600-921048. Upon project completion, any remaining budget will be unappropriated as part of the year-end CIP roll.
If not, where will the money come from?
N/A
Is there a sufficient amount in the budgeted line-item for this reve...
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