Board Agenda - November 07, 2006

2. Kitchen renovations, #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. 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: $ 4,141,323.00
Previous approved Change Orders: $ 0.00
Contract Amount prior to this Change Order: $ 4,141,323.00
This Change Order amount: $ (124,939.00)
Contract Amount after this Change Order: $ 4,016,384.00

Recommendation:

The Administration recommends that Change Order 1 in the deductive amount of ($124,939.00) be approved. The Architect has reviewed this Change Order and they concur with the amount. The Administration also recommends that the work for the Kitchen Renovations for Bowman Middle School, Vines High School, and Plano Senior High School be accepted, and that final payment, including the release of retainage, be made to The Beck Group.

Business Impact:

Estimated Value: ($124,939.00) Budget/Financial Implication: 2004 Bond Funds

Summary:

Appendix:

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