Contract Award - 2023-CON-CP43-B10 Concrete Repairs at 2 Church Street (Car Park 43)

Lawrence Market Neighbourhood. The garage includes an eight (8)-storey Toronto Community Housing building above the structure. Pre-pandemic (2019) gross revenues were $7.3M. The 2023 plan forecasts Car Park 43 to generate $4.2M. First Quarter Year to Date, Car Park 43 has generated $1.17M and is tracking to beat plan by $500K to $750K. Car Park 43 consistently remains as one of the top five (5) highest revenue-generating garages across Toronto Parking Authority's portfolio. As such, this investment is critical from a safety perspective and consistent with our strategy to reinvest in infrastructure (State of Good Repair) capital and reduce reputational risk to Toronto Parking Authority's brand. In 2022, Toronto Parking Authority initiated an emergency project valued at $4.3M to replace the heavily deteriorated steel stairs with concrete-filled pans. This project will be completed by June 2023, mitigating the immediate public safety concern. The next phase of the Car Park 43 garage modernization program is to address the critical structural and systems deficiencies (State of Good Repair). The previously completed Building Condition Assessment outlined the scope of work at Car Park 43 to include: - Complete waterproofing and asphalt replacement; - Concrete repairs; - Total drainage replacement, including the sump pump system; and - Ventilation system replacement. Toronto Parking Authority retained Read Jones Christoffersen Ltd. on February 17, 2023, for consulting services needed to review the previously completed Building Condition Assessment, provide a plan/strategy to complete major repairs based on the findings of the Building Condition Assessment, and provide tendering, permitting, and contract administration services. Following the close of Tender and initial review of the bids by both Toronto Parking Authority and Read Jones Christoffersen Ltd., a post-tender addendum was issued on May 2, 2023 to the four (4) compliant bidders to clarify their understanding of the project phasing, and the guard replacement on the P1 level. Completed addendum forms were received from each of the four (4) compliant bidders by the close of the post-tender period on May 3, 2023 Based on the submission of a compliant bid (including post-tender submission), the bid price, ability to complete the work in the prescribed time and the conformance to tender requirements, Toronto Parking Authority is recommending that the contract of work for 2023-CON-CP43-B10 - Concrete Repairs Phase 1 at Car Park 43 be awarded to Maxim Group General Contracting Ltd. (Maxim Group). The project is scheduled to start in July 2023, with construction completion scheduled for early third quarter 2025.

the Construction Tender requirements, in the amount of $10,473,650 in base scope, plus $1,770,732 in selected optional items, plus $2,450,000 as a contingency allowance, being the sum total of $14,694,382 excluding HST.