Board Agenda - May 20, 2008

14. RFP #3740 Mathews ES Additions/Renovations, Change Order #1, and Project Close-Out

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

This Change reconciles the Construction Managers savings in the cost of the work, the savings in General Conditions, and the reduction in fee related to these savings. This is a reduction in the contract amount for the project.

The Work of this Contract has been completed, the required closeout documentation is being completed, and the Project is ready for Final Acceptance.

Summary:
Original Contract Amount: $8,509,000.00
Previous Approved Change Orders: $0.00
Contract Amount prior to this Change Order: $8,509,000.00
This Change Order amount: $(142,618.43)
Contract Amount after this Change Order: $8,366,381.57

Recommendation:

The administration recommends that Change Order No. 1 in the deductive amount of $142,618.43 be approved. The Architect has reviewed this Change Order, and he concurs with the amount. The Administration also recommends that the work for the Mathews Elementary School Additions and Renovations be accepted and that final payment, including the release of retainage, be made to Starling Richardson.

Business Impact:

Funding Source is 2004 Bond Funds.

Summary:

Appendix:

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