Board Agenda - October 17, 2006

3. #3741, Construction manager at risk, Clark Stadium Press Box addition and improvements

Presenter: Richard Matkin

Purpose: A - Request decision - closure required

Time: No time limit

Description:

Turner Construction was selected as the Construction Manager at Risk at the June 6, 2006 Board Meeting. Since that time, Turner has solicited and taken subcontract bids. Using that information, Turner Construction has submitted their Guaranteed Maximum Price of $3,573,522.00 for this work. 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%): $3,573,522.00

The budget for this project is $4,296,000, which consists of $1,003,414 of 2000 Bond Funds and $3,292,586 of 2004 Bond Funds.

Recommendation:

The Administration recommends that the Contract for Construction Manager at Risk with Turner Construction be amended to provide the Guaranteed Maximum Price of $3,573,522.00, for the Clark Stadium Press Box Improvements & Additions.

Business Impact:

Estimated Value: $3,573,522.00
Budget/Financial Implication: 2004 Bond Funds

Summary:

Appendix:

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