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Board Agenda : October 17, 2006 : Plano
Board Agenda - October 17, 2006
2. #3739, Construction manager at risk, Carlisle additions/renovation
Presenter: Richard Matkin
Purpose: A - Request decision - closure required
Time: No time limit
Description:
Cadence McShane was selected as the Construction Manager at Risk at the June 6, 2006 Board Meeting. Since that time, Cadence has solicited and taken subcontract bids. Using that information, Cadence McShane has submitted their Guaranteed Maximum Price of $8,371,855.00 for this work. This amount reflects a reduction of $109,209.00 to the GMP by negotiation/clarification with Cadence, Jacobs and the District. The Guaranteed Maximum Price, as submitted, includes the fees for Construction Period Services that were previously approved by the Board on June 6, 2006. By the contractual definition, the Construction Manager's Fee for Construction Period Services is a part of the Guaranteed Maximum Price. The summary below represents the allocation as will be shown in the contract.
The breakdown of costs has been reviewed by the Architect and the Facility Planning and Construction Department. Items have been clarified as necessary. The Architect recommends the GMP amount below and represents that the GMP reflects the requirements outlined by the District.
Summary of Proposal:
Pre-Construction Services Fee (previously approved): $5,000.00
Guaranteed Maximum Price (includes previously
approved Construction Services Fee at 3.0%): $8,371,855.00
The Carlisle construction budget consists of $7,870,000 originally set up for this project and is supplemented by $550,000 of undesignated systems and compliance funds.
Recommendation:
The Administration recommends that the Contract for Construction Manager at Risk with Cadence McShane be amended to provide the Guaranteed Maximum Price of $8,371,855.00, for the Carlisle Elementary School Addition & Renovation.
Business Impact:
Estimated Value: $8,371,855.00
Budget/Financial Implication: 2004 Bond Funds
Summary:
Appendix:
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