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HomeMy WebLinkAboutPresentation_07FINANCE COMMITTEE APRIL 13, 2026 REQUESTING APPROVAL TO: •ENTER INTO REIMBURSABLE AGREEMENT WITH BOEING TO COLLABORATE ON CONSTRUCTION IMPROVEMENTS TO BOEING’S PAVEMENT APRON LOCATED WITHIN BOEING’S LEASED AREA OF THE CITY WITHIN THE CONSTRUCTION LIMITS OF THE RENTON MUNICIPAL AIRPORT TAXIWAY ALPHA REHABILITATION PROJECT . •CONTRACT VALUE: $896,732.66 PRESENTER: WILLIAM ADAMS,PE RENTON MUNICIPAL AIRPORT Scope Details Boeing Letter of Intent Costs from Scarsella awarded Bid in CAG-25-098 2026 Bid Schedule E: •Project Construction Cost: $409,361.08 (CAG-25-098) 2027 Bid Schedule J: •Project Construction Cost: $487,371.58 (CAG-25-098) •Total Costs: $896,732.66 Funding Sources: •The Boeing Company = $896,732.66 This additional funding reduces the total cost to the City from $3,045,631 to $2,148,898 STAFF RECOMMENDATION: Authorize the Mayor and city clerk to execute this reimbursement agreement with Boeing in the amount of $896,732.66