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Change Order #4: <br />Fuel Cost Increase <br />Beach Sector 3 <br />Update <br />March 4, 2011— Ranger requested Change Order #4 <br />$ __ $10,622,714 <br />(+ $303,480) <br />--- Change order #4 requested due to unanticipated, significant <br />increases in fuel prices <br />--- Since bidding, diesel fuel has increased $1 per gallon, off- <br />road fuel + 97 cents per gallon <br />--- Ranger requesting increase of $1.08 per cubic yard of sand <br />--- County cost to increase from $15.66 to $16.74 per cu. yd. <br />la -:z'' - <br />August 3, 2009 — County opened bids for Sector 3 project <br />February 2, 2010 — Ranger Construction awarded contract, <br />$7,270,807 <br />March 23, 2010 — Board approved Change Orders 1 & 2 <br />$012091880)1 $10,319,234 <br />October 19, 2010 — Board approved Change Order #3 <br />(partial payment for stockpiled sand) <br />$10,319,234 <br />Alternative #1: Approve 100% of Ranger's request, thereby <br />increasing contract from $15.66 to $16.74 per cubic yard, <br />overall price increase from $10,319,234 to $10,622,714 <br />Alternative #2: Approve 58% of Ranger's request, <br />representing fuel cost increase from March 23, 2010 forward, <br />thereby increasing contract from $15.66 to $16.29 per cubic <br />yard, overall increase from $10,319,234 to $10,496,264 <br />Alternative #3: Deny Change Order #4 <br />