FTA Oversight Procedures - Federal Transit Administration - U.S. ...
FTA Oversight Procedures - Federal Transit Administration - U.S. ...
FTA Oversight Procedures - Federal Transit Administration - U.S. ...
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Construction Cost Estimate with<br />
respect to Project Budget<br />
To confirm that the Construction<br />
Cost Estimate plus appropriate<br />
contingencies is affordable<br />
within the overall Project<br />
Budget<br />
interfere with construction per<br />
the Bid Package schedule<br />
(examples: preceding<br />
contractors, utilities relocations,<br />
real estate acquisition).<br />
Compare Construction Cost<br />
Estimate with Project Budget<br />
using qualified personnel.<br />
Contingency allocation to<br />
consider risk of costs associated<br />
to design changes, differing<br />
conditions, and delays.<br />
The final set of reviews provide confirmation that the Project Sponsor has completed all the necessary<br />
precursors to construction, and is ready to enter the construction phase of the project.<br />
Review Item Review Objective Review Method<br />
Third Party Agreements To confirm that necessary third<br />
party agreements are in place to<br />
support the construction.<br />
Real Estate Management Plan To confirm that all required real<br />
estate will be available when<br />
required without impacting<br />
construction.<br />
Procurement Policies and<br />
<strong>Procedures</strong><br />
To ensure Procurement Policies<br />
and <strong>Procedures</strong> are in place that<br />
are in compliance with federal<br />
policies, ensure a fair bidding<br />
environment, and are able to<br />
efficiently resolve issues and<br />
disputes that may arise during<br />
the course of the Construction<br />
Contract.<br />
Project Staffing Plan To ensure that the Project<br />
Sponsor has adequately<br />
implemented a project staffing<br />
Review third party agreements<br />
in the overall context of the<br />
project with qualified personnel.<br />
Particular attention should be<br />
provided to design standards;<br />
inclusion of betterments; and<br />
timing of reviews, permits, land<br />
transfers, and funds transfers.<br />
Review of the Real Estate<br />
Management Plan by qualified<br />
personnel to ensure that the real<br />
estate required for construction<br />
can be delivered in accordance<br />
with the schedule contained in<br />
the Bid Package.<br />
Review by qualified personnel<br />
of Project Sponsor’s<br />
Procurement Policies and<br />
<strong>Procedures</strong> (including<br />
procedures related to<br />
advertisement, bidding, award,<br />
disputes, changes, payment, etc.)<br />
Review by qualified personnel<br />
of Project Sponsor’s plans for<br />
hiring or transferring staff to<br />
OP 46.4 Readiness to Bid Construction Work<br />
Revision 0, June 2008<br />
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