Board Agenda - May 20, 2008

9. CSP #2007-063 Sigler ES Addition/Renovation, Construction Manager at Risk, and Guaranteed Max. Price

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

The selection of Starling Richardson as Construction Manager at Risk (CMR) was approved by the Board on November 6, 2007. The CMR has taken bids for the work and is presenting a GMP for the project. After presenting an initial GMP number, several items were identified, clarified, and evaluated by the CM, Architect, Facility Maintenance and Facility Planning and Construction resulting in a reduction of $191,315.00 for a GMP of $11,800,379.00.

By the contractual definition, the Construction Manager's Fee for Construction Period Services is a part of the Guaranteed Maximum Price, and the Pre-Construction Period Services are outside the GMP. The summary below represents the allocation as will be shown in the contract.

Summary:
Pre-Construction Services Fee (previously approved): $10,000.00
Guaranteed Maximum Price (includes previously approved Construction Services Fee at 3.0%): $11,800,379.00
Total Contract Amount (incl. Pre-Construction Services): $11,810,379.00
Construction Budget Estimate: $11,003,671.00

Recommendation:

The administration recommends that the Contract for Construction Manager at Risk with Starling Richardson be amended to provide a Guaranteed Maximum Price of $11,800,379.00.

Business Impact:

Funding Source is 2004 Bond Funds. The original budget is being supplemented from undesignated Systems & Compliance funds.

Summary:

Appendix:

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