Title
Approval of Funding Limit Waiver for DCEO Round 1 Seavey Phase 2 Libertyville Storm Sewer Capacity Upgrades Project
Staff Summary
• Project was awarded $2,141,377 in DCEO Round 1 funding.
• Section 5.B of policy identifies the DCEO-STOCIP funding limit of $2,750,000 ($2,500,000 plus $250,000 in contingency) per project and the procedure for waiving those limits.
• The Funding Limit Waiver provisions in the DCEO-STOCIP Capital Program Policies and Procedures require SMC staff to present to the Commission any waiver request.
• SMC staff recommends waiving the funding limit for Seavey Phase 2 - Libertyville Storm Sewer Capacity Upgrades Project.