Title
Request to Exercise Option Term for Right-of-Way Maintenance Services on the Los Angeles - San Diego - San Luis Obispo Rail Corridor Orange and Olive Subdivisions
Overview
On November 24, 2014, the Orange County Transportation Authority Board of Directors approved an agreement with Joshua Grading & Excavating, Inc., to provide railroad right-of-way maintenance services on the Los Angeles - San Diego - San Luis Obispo Rail Corridor Orange and Olive Subdivisions for five years, with one two-year option term. In order to continue railroad right-of-way maintenance services, approval to exercise the two-year option term of the existing contract is requested.
Recommendation(s)
Authorize the Chief Executive Officer to execute Amendment No. 4 to Agreement No. C-4-1361 between the Orange County Transportation Authority and Joshua Grading & Excavating, Inc., to exercise the two-year option term for right-of-way maintenance services on the Los Angeles - San Diego - San Luis Obispo Rail Corridor Orange and Olive Subdivisions, in the amount of $2,600,000, and extend the term of the agreement through January 22, 2022. This will increase the maximum obligation of the agreement to a total contract value of $10,800,000.