Board Agenda - September 05, 2006

2. Jasper science addition, #1 and project close out

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

This Change returns "Buy-Out Savings" and reconciles the allowance balance remaining in the project. In addition to this credit, scope was also added to the project in the former science areas at the request of the campus.

The Work of this Contract has been completed, the required closeout documentation is being completed and the Project is ready for Final Acceptance. The Architect has reviewed this Change Order and they concur with the amount.

Summary:
Original Contract Amount: $6,222,034.00
Previous approved Change Orders: 0.00
Contract Amount prior to this Change Order: 6,222,034.00
This Change Order amount: (249,813.00)
Contract Amount after this Change Order: $5,972,221.00

Recommendation:

The Administration recommends that Change Order 1 in the deductive amount of ($249,813.00) be approved. The Administration also recommends the acceptance of the Jasper High School Science Addition with the completed punch list items, and final payment including the release of retainage, be made to Cadence McShane Corportation.

Business Impact:

Estimated Value: ($249,813.00).
Budget/Financial Implication: 2004 Bond Funds.

Summary:

Appendix:

Return to Meeting Agenda