Discuss, consider, and take appropriate action regarding Change Order No. 5 in the amount of ($63,588.87) for Project 1907-333 O'Connor Drive Traffic Signals (Champion Infrastructure) P: 329 Funding Source: Road Bond.

This Change Order adds one new item to pay for the electric service at Liberty Walk. The Oncor service is located in the backyard of a private property, which entailed an increased amount of conduit, pedestrian traffic control, fence removal and replacement not called for in the plans. This Change Order also provides the final balancing for the overrun/underrun of contract quantities on the project as a result of addressing field conditions not accounted for in the original plans. 

The following new item will be added by this Change Order.
 

ITEM	DESCRIPTION	QUANTITY	UNIT
999-WC07	LIBERTY WALK-ELECTRIC SERVICE	1	LS

This Change Order results in a net decrease of $63,588.87 to the Contract amount, for an adjusted Contract total of $958,516.51. The original Contract amount was $853,503.50. As a result of this and all Change Orders to-date, $105,013.01 has been added to the Contract, resulting in a 12.30% net increase in the overall Contract cost. No time will be added to the Contract for this Change Order.