VIDEO. From the San Mateo County Harbor District Commissioners meeting on Wednesday, August 16th, 2023 at 1:00pm, as a hybrid meeting.
Chair, Bill Zemke, introduces the agenda item and General Manager, Jim Pruett, reports.
Approve the amendment to the FY2023/2024 Capital Improvement Program to defund, in whole or in part, the following projects for FY2023/2024 and reassign to future fiscal years:
- Johnson Pier Electrical Upgrade
- Johnson Pier Pile Repair Project
- OPM Dock Landings Docks 1-6
- Pillar Point Rock Slope Repair
If approved, funds for FY2023/2024 may be redirected to ensure funding is available to fund current projects.
Capital improvement projects have significantly increased in cost, well beyond estimated budget amounts. The increase is due to multiple factors including inflation, limited resources, supply chain issues, and increased labor costs.
- The OPM Docks 12, 13, and 14 Replacement Project estimated at $5 million, is now estimated to be $18 million, a 260% increase.
- Ketch Joanne Restaurant ADA Restroom Project was estimated to cost $400,000, actual cost was $1,198,500, a 200% increase.
- The West Trail Project was originally estimated at $1,500,000, actual cost $2,551,953, a 70% increase.
- The Surfers Beach ADA Restroom and Green Space Project was estimated at $641,250, current costs are $3,965,807, an 518% increase.
If we continue this trend, the Surfers Beach Replenishment Pilot Project, which is estimated to cost $4.8 million, will cost $6.7 million, a $1.9 million difference.
The Johnson Pier projects (electrical upgrade/piling repairs) estimated to be $2.7 million, would be $3.3 million, a difference of $600,000.
Full Committee Report2023_08_16_Item_F5_CIP_Budget__Staff_Report Corrected (1)