Discuss, consider, and take appropriate action regarding Change Order No. 2 in the amount of $29,362.00 for Project 24IFB57 Ronald Reagan Blvd. Widening (Chasco Constructors) P: 336 Funding Source: Road Bond.

This Change Order adds an item for encasement pipe needed to house the water line underneath Reagan Boulevard. This was called out in the plans but not included in the Bid Form. This added cost has been discussed with the City of Georgetown, and they have agreed to participate per the ILA percentage (40.3%). Please see attached Change Order for additional details.

This Change Order results in a net increase of $29,362.00 to the Contract amount, for an adjusted Contract total of $52,334,089.00. The original Contract amount was $52,159,299.00. As a result of this and all Change Orders to-date, $174,790.00 has been added to the Contract, resulting in a 0.34% net increase in the Contract cost. No additional days will be added to or deducted from the Contract as a result of this Change Order.