HomeMy WebLinkAbout11-02-22 Amendment #2 CM@R with CW Driver (GMP Phase 3)CITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 16
February 22, 2011
TO: I HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Public Works Department
Stephen Badum - sbadum @newportbeachca.gov
949- 644 -3311
SUBJECT: NEWPORT BEACH CIVIC CENTER PROJECT: CITY HALL OFFICE
BUILDING, CENTRAL LIBRARY EXPANSION, & PARKS, GUARANTEED
MAXIMUM PRICE (GMP), PHASE THREE
ISSUE: Staff is requesting the approval and funding of the next phase of the Newport
Beach Civic Center Project which includes the construction of the City Hall Office
Building, Central Library Expansion, and Parks.
RECOMMENDATIONS:
1) Approve an amendment to the Construction Manager At Risk Contract with C.W. Driver,
Irvine, California, amending the Guaranteed Maximum Price (GMP) to add the
construction of the City Hall Office Building, Central Library Expansion, Parks, and
miscellaneous items of work (GMP #3) for the Newport Beach Civic Center project at a
not -to- exceed price of $82,374,384 and authorize the Mayor and City Clerk to execute
the contract.
2) Establish a budget of approx. 2% of GMP #3 ($1,600,000) as the City's contingency for
unforeseen costs and authorize the Public Works Director and City Manager execute
change orders upon concurrence by the City Council Building Committee.
3) Approve a Professional Services Agreement (PSA) with Anderson -Penna of Laguna
Beach, California, for Building Inspection, Construction Phase Plan Review Services,
and Building Official Services at a not -to- exceed fee of $1,090,840, and authorize the
Mayor and City Clerk to execute the Agreement.
4) Approve Budget Amendment No..11 BA -034 appropriating $85,065,224 to fund GMP #
3, GMP #3 owner's contingency and the PSA for Building Inspection & Construction
Plan Review (Recommendations 1 -3).
5) Approve the Insurance Program Agreement between Old Republic General Insurance
Corporation and the City for the Owner Controlled Insurance Program (OCIP) and
authorize the City Manager to execute and approve documents in furtherance of the
Insurance Program Agreement that have been approved as to form by the City
Attorney including a letter of credit as security for the City's obligations under the
agreement.
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 2
6) Authorize Budget Amendment No. 11 BA -32 totaling $2,713,781 which includes the
fixed cost of insurance premiums under the Insurance Program Agreement of
$1,651,092 and a $1,062,689 contingency representing the maximum potential out -of-
pocket claims costs.
7) If desired, authorize the inclusion of the San Miguel Pedestrian Bridge, $2,000,000
within GMP #3 and related Budget Amendment No. 11 BA-35.
8) If desired, authorize the inclusion - of photovoltaic panels on the City Hall Office Building
($750,000) within GMP #3 and related Budget Amendment No. 11 BA -36.
DISCUSSION:
The proposed action will authorize the next phase of Civic Center construction and includes
the proposed construction of the City Hall Office Building, Central Library Expansion and the
park including the grounds around City Hall, the Central Park and Wetlands, and the North
Park/Dog Park. This phase is the continuation of work started with the first phase that
included the export of soil export, grading, and the construction of the Parking Structure
Shoring Wall, and the second phase that included the design and construction of the parking
structure.
Construction History and Status
On April 27, 2010, the City Council approved a Construction Manager at Risk Contract
(CM @R) with C.W. Driver that established the costs for the general conditions for the entire
project; authorized the export of soil, grading, and the construction of the parking structure
shoring wall; and set the cost of direct expenses and the project fee for this phase. As of this
date, the export of approximately 300,000 cubic yards of soil has been successfully exported
off the project site. Rough grading is complete, topsoil has been stockpiled on the site, and
erosion control and water quality are in place and functioning as designed. The parking
structure shoring wall is 85% complete with scheduled completion by Mid March.
On September 14, 2010, City Council approved the second phase of the CM @R which
includes the design and construction for the parking structure and miscellaneous items of
work. This phase provided for the design and construction of a 450 - space, mechanically
vented parking structure. On June 21, 2010, the City Clerk and the Public Works Director
oversaw the public opening of the sealed proposals for this phase of the work. Upon scoring
of these proposals, the top three firms, Bomel Construction, McCarthy Builders, and ARB
Structures were invited to meet with the design team, City staff, BCJ and C.W. Driver, to
discuss cost - saving proposals and alternative construction. The design team revised the
bridging documents to incorporate the desired proposals and alternative designs and asked
each firm to submit a bid based upon the revised bridging documents. Upon the conclusion
of this process Bomel Construction was determined to be the lowest responsible bidder.
Since that time, the design team has worked to complete the design and has secured a
Building Permit for the structure's construction. During the design process, the design team
was able to work with our contract building plan checker, Anderson - Penna /Interest to revise
the parking structure design making it a passively ventilated structure. This action has saved
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 3
the City $270,000 (credit taken in GMP #3). The construction of the parking structure is
scheduled to begin in March 2011.
Guaranteed Maximum Price, Phase 3 (GMP #3)
In November 2010, the project plans were completed and a building permit was issued for
the remaining portions of the Civic Center project including the City Hall Office building,
Council Chambers, Community Room, Emergency Command Center, Central library
Expansion, Civic green, Central Park & Wetlands, and the North Park & dog Park. C.W.
Driver prepared 42 bid packages for the various trades. On December 16 & 21, 2010, the
City Clerk and Public Works Director oversaw the opening of the bids. A summary of those
bids are attached and the hard copies of the actual bids are on file in the Office of the City
Clerk. C.W. Driver has meet with all of those bidders to normalize the bids (verifying bids as
legitimate, checking quantities and math) The attached proposed GMP #3 contains all of the
actual bid costs to construct the project. The total cost for GMP #3 is $82,374,384. The
summary below shows the breakdown for the project construction.
Credits & Allowances GMP #3 includes credits for the revised parking structure design
($260,000) and a North Park retaining wall deletion ($113,000) that was previously slated to
be built in Phase 1, but is now going to be a part of phase 3. Also included are some
allowances ($678,475) to cover various miscellaneous items that were identified during the
bidding process and potential unit costs for unforeseen items. The miscellaneous items
include costs for the folding door systems for the Community Room and Council Chambers
($260,000); revisions to the Library's book security system ($10,000); Upgraded fabric for
Council Chamber audience seats ($50,000); and the production of care and maintenance
manuals /videos for the building systems and LEED components of the project ($49,000).
Various items were bid to set costs in a competitive environment for potential extra
unforeseen costs such as potential adverse soil conditions (rock) for building and bridge
foundations ($29,475); re- glazing of Library windows if we cannot preserve the existing units
during demolition of the existing north wall ($134,000); unit costs for additional steel beam
penetrations (30 @ $1200 ea, $36,000), costs for painting touch up ($10,000); and the
pending contract to install the Willow sculptures by Patrick Dougherty ($100,000).
Eventually, these "allowance items will be bid out or deleted if not used. Any savings or
balance in the allowances through the bidding process or by deletion will be credited 100% to
the City. These items do not go into the contingency for potential cost sharing at the
conclusion of the project.
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 4
More about Contingencies. There are typically two contingencies in a project like this — a
"Construction Contingency," for unforeseen changes that arise during actual construction.
There also is an "Owner's Contingency" that the City can use if needed to add elements to
the project if it so chose. The following chart shows contingencies and the potential savings
if the project goes well:
Civic Center Proiect Contingencies
5`ti F l I
SOS 4' tY;' 1II�YIEM
a MI.
i�R� }�f
GMP #1
Construction Contingency
$490,401
$367,800 75%
Owner's Contingency
$673,000
$673,000 100%
GMP #2
Construction Contingency
$336,078
$252,058 75%
Owner's Contingency
$350,000
$350,000 100%
GMP #3
Const/Desi n Contingency
$2,303,822
$1,727,866 75%
Owner's Contingency
$1,600,000
$1,600,000 100%
Total =
$5,753,301
$4,970,724
To provide for potential unforeseen costs for GMP #3, staff recommends that a contingency
of $1,600,000 (2 %) be established. Unforeseen costs may include delay and recovery costs
should we discover changed foundation conditions and delays due to environmental or
weather conditions. Staff also proposes that any adjustments to the CM @R contract
compensation be authorized by the Public Works Director and City Manager with
concurrence by the City Council Building Committee.
What's not included
Alternates The project was bid with two alternates that the City Council can add to the
project, if desired. They are the construction of the pedestrian bridge over San Miguel Road
($2,000,000) and the addition of photovoltaic panels on the City Hall Office Building roof
($750,000). If the City Council desires to include the pedestrian bridge over San Miguel
Road and photovoltaic panels in the Civic Center project, that decision must be made at this
meeting as the project schedule requires the timely ordering of the various components to
honor the current pricing. However, the project has been designed to accommodate future
separate projects to add the bridge and the installation of the photovoltaic panels at a later
date.
Insurance The City has elected to implement an Owner Controlled Insurance Program
(OCIP). The costs for the insurance will be borne separately by the City. The various bid
costs shown in the GMP Phase #3 costs do not include insurance. The estimated savings is
approximately $1.1 million. The actual savings will be tabulated by the City's broker, AON as
they sign up the various subcontractors to the OCIP. See the below for more discussion on
the OCIP.
Items for future determination There are three items of work that are not included in the
allowances as they are substantial items of work and will be bid at a later date.
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 5
The first item is the cost to relocate and upgrade the existing electric power for the Central
Library and to add switching and a capacitor device for the new Civic Center electric service.
SCE recently provided revised requirements that significantly revises the electric service
design. The costs are estimated between $200,000 and $300,000 and will be competitively
priced and negotiated by C.W. Driver and City Staff with the project's low bid electrical
subcontractor.
The second item is the Fixture, Furnishings, & Equipment (FF &E). Traditionally, the
acquisition of FF &E items occurs during the later part of construction. The purchase of FF &E
items will be separately bid and approved by the Building Committee and City Council as
required by the City's purchasing policies. A budget of $2,000,000 has been established for
FF &E.
The third item to be deferred and bid at a later date is the Civic Center Signing package. The
Signing bid package includes internal wayfinding along with office, workstation, conference
and utility room identification. The City is currently pursuing a reorganization effort and it
would be appropriate to wait for the conclusion of that effort to ensure correct signing.
Additionally, this bid package will need to be coordinated with the FF &E bids. The estimated
cost for this package is approximately $400,000.
fi rnstructtor� Migerx #RTSkostsiodatet t
An�punt',
General Conditions /Basic Services (for all phases of the Project)
$ 7,169,255
GMP #1
Mass Excavation & Shoring Construction (excludes contingency)
6,130,009
Direct Expenses (GMP #1)
263,383
Construction Management Fee (GMP #1) (3.25 %)
452,646
GMP #1, Subtotal
$6,846,038
GMP #2
Parking Structure Design Assist /Build (excludes contingency)
$6,721,558
Direct Expenses (GMP #2)
137,757
Construction Management Fee (GMP #2) (3.25 %)
231,460
GMP #2, Subtotal
$7,090,775
GMP #3
City Hall Office Building, Central Library Expansion, & Parks (excludes
contingency, includes allowances
$76,794,081
Credit for GMP #1 & #2 — Parking Structure Open Design & wall delete
- $373,000
Direct Expenses (GMP #3) OCIP Insurance (0.71 %) & Bond (0.65 %)
$1,090,922
Construction Management Fee, GMP #3 (3.25 %)
$2,558,559
GMP #3, Subtotal
$80,070,562
Subtotal GMP =
$101,176,630
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 6
GMP Contingencies
GMP #1 Construction (8 %)
$490,401
GMP #2 Construction (5 %)
$336,078
GMP #3 Construction (3 %)
$2,303,822
Total GMP Contingency =
$3,130,301
Total GMP to Date =
$104,306,931
Alternates
Alternate #1 — Pedestrian Bridge over San Miguel
$2,000,000
Alternate #2 — Photovoltaic System on City Hall Office Building
$750,000
Owner's Contingency
Owner's Contingency GMP #1 (10 %)
673,000
Owner's Contingency GMP #2 (5 %)
350,000
Owners Contingency GMP #3 (2 %)
$1,600,000
Owner's contingency Subtotal =
$2,623,000
A Review of the Construction Manager at Risk Project Delivery Method
In an effort to expedite the project, the City elected to start the early phases of the project
such as grading and the construction of the parking structure in advance of the final design
completion of the parks, City Hall building, and Central Library Expansion. To accomplish this
goal, the City Council entered into a phased Construction Manager at Risk (CM @R) contract
with C.W. Driver. The contract is broken down into four components.
Basic Services / General Conditions. The first component is the basic services or. general
conditions. These include the fixed costs for the construction field office (including
construction trailers, office equipment, portable restrooms, copiers, computers, telephone
and equipment) and the necessary personnel to staff the project (including superintendent,
inspection and support staff). The work scope included in basic services includes:
• Managing the public bidding and award process in full compliance with the California
Public Contract Code.
• Providing full and complete construction administration, coordination and construction
observation services during and following construction, including but not limited to the
following:
❖ Onsite administration and management
Project and construction cost management
Quality assurance, inspection, and quality control
❖ Coordinate with the City's Building Inspectors
Dispute resolution
Submittal coordination
❖ Management of Requests for Information (RFI)
Change order review and negotiations
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 7
• :• Manage construction materials testing, and specialty inspection services
❖ Provide schedule analysis and continuous updates
❖ Manage project close -out, including assuring the A &E team provides complete
record (As- Built) drawings
❖ Construction punch -list management and completion
❖ Manage substantial and final completion processes, and project acceptance.
Compile program warranties
•S Deliver operations and maintenance manuals
❖ Coordinate the installation of FF &E and move -in activities
❖ Manage final payment and project closeout for all consultants and contractors
under direct contract with the City
Coordinate warranty work for a period of up to one year.
The Basic Services, based upon the current project schedule for the entire project, are
estimated at a not -to- exceed cost of $7,169,255. Basic Services are billed monthly on a
time and material basis at the agreed rates as shown on Exhibit A of the CM @R contract.
City Council approved these costs as a part of the original contract with C.W. Driver on April
27, 2010, no adjustments were made to this amount for GMP # 2 and no adjustments are
proposed for GMP #3.
Construction Costs / GMP. The second component of this contract is the actual cost of the
construction work. The cost of the work is set as a Guaranteed Maximum Price (GMP). The
GMP will include the actual bid plus a contingency. Under the CM @R project delivery
method, C.W. Driver bids out the various construction trade contracts in accordance with the
Public Contract Code and oversight from the City Clerk. The City Council will then approve
the expenditure and accept C.W. Driver's GMP proposal for the work. C.W. Driver will then
be responsible for delivering all work and construction included in the approved work scope
for the maximum cost stated in the GMP. Any costs exceeding the GMP will be borne by
C.W. Driver. Any savings under the GMP will be shared by the City and C.W. Driver. The
City will receive 75% of any savings and C.W. Driver will receive 25% of any savings as an
incentive to reduce overall costs.
Direct Expenses. The third component is the Direct Expenses which include the direct costs
for bond premiums; some field office expenses such as equipment and supplies; general
liability insurance; and additional services as requested by the City. Direct expenses will
include known costs and allowances for variable items.
Construction Management Fee / Profit. The fourth component is the project fees for
managing the construction. These construction management fees represent the markup,
overhead, and profit. The Basic Services, Direct Expenses, and GMP represent actual costs
without any markups, overhead or profit. The rate for the construction management fee is
set at 3.25% for the entire project. The actual amount paid to C.W. Driver is based upon
actual work completed (i.e., the amount could be less if the construction contingency is not
spent).
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 8
Building Inspection and Construction Review
For reasons of continuity and to minimize disruption to the City's Building Inspection and
Public Works Construction Inspection operations, staff recommends that the Building
Inspection and Construction Review services be performed by outside contract with
And erson -Pe n na /I nterwest.
Anderson - Penna /Interwest successfully completed the plan check review and has issued
Building Permits for the City Hall Office Building, Library Expansion, and Parking Structure.
Their familiarity with the project and past work experience makes them the logical and cost
effective choice to continue as the City's Building Official for this project. In general, the
proposed work scope includes:
• Protect Inspection - ensure compliance with the construction plans and specifications,
Building Codes, and regulations
• Construction Phase Plan Review Services — Plan review of revisions to the approved
plans, change orders, shop drawings, deferred approval documents and back check
reviews.
• Building Official and Administration Services — Verification of code inspections,
oversight of inspection staff, interpretations of code provisions, and evaluation of
alternative materials or methods.
A more detailed description is listed in Exhibit A of the attached Professional Services
Agreement (PSA). The estimated time and materials not -to- exceed fee including labor and
expenses is $1,090,840. The actual costs will be based upon the hourly rates and expenses
shown on Exhibit B of the PSA.
Owner Controlled Insurance Program (OCIP)
General liability, excess liability, and workers' compensation insurance are the coverage
types in an OCIP. The coverages are bought for all parties by a program "sponsor," in this
case, the City. In exchange for OCIP coverage, all contractors on the Civic Center Project
are required to remove the cost of separately procuring these coverages from their bids. The
estimated savings is approximately $1.1 million. Council approved the OCIP program for this
project at its 9/28/2010 meeting. The OCIP provides coverage for the project from 1/15/2011
through 1/15/2013 plus an additional six (6) months, if needed.
As the project owner, the City may also buy other coverage for its own protection such as
builder's risk (property under construction) and pollution liability insurance. Staff
recommends purchase of these two coverages for protection for the City. The total
insurance costs for this project are shown in the table on the following page.
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 9
COST ELEMENTI!
PREMIUM
r FUNDING
PAYMENT SCHEDULE
General liability - fixed
Two installments, one at
cost
429,395
; Cash payment
inception, one at start of second
year
Workers' compensation
Two installments, one at
- fixed cost
391,408
Cash payment
inception, one at start of second
year
Loss fund - combined
...... .__.._..... - --
City holds the money but must
general liability and
Collateralized obligation - no
secure with LOC or Trust - must
workers compensation -
variable cost, from $0 to
1,062,689
cash payment due, but letter
set up payment account with in-
maximum amount
of credit of $587,111 required
surer and reimburse as loss pay -
shown, $1,062,689
as security
ments are made ($75,000 initial
deposit)
Excess liability first
layer $25 million - fixed
1 202,300
Cash payment
Payable at inception of program
cost
Excess liability second
layer $25 million - fixed
101,300
Cash payment
Payable at inception of program
cost
.... ..—.—
Cash payment
Payable at inception of program
-- _._
Contractors Pollution
Liability
........ . .. .... .. ....
96,689
Builder's risk "
430,000
Cash payment
Payable at inception of program
TOTAL (Low end)
1,651,092
Best case scenario - no losses (loss fund equals zero)
TOTAL (High end)
2,713,781
Worst case scenario - losses equal or exceed loss fund
*The builder's risk coverage has been quoted by two insurers, Allianz and Lexington. The City's OCIP Broker,
AON is continuing to negotiate premium and coverage and expects to lower the cost shown in this table by the
expected binding date of 2/23/2011.
The cost of premiums under the Insurance Program Agreement total $1,651,092 with an
additional $1,062,689 for potential loss claims representing the maximum potential out of
pocket claims exposure for a total potential cost of $2,713,781.
ENVIRONMENTAL REVIEW:
CM @R services are not projects as defined in the California Environmental Quality Act
(CEQA) Implementing Guidelines. An EIR for the Newport Beach Civic Center Project was
certified by City Council in November 2009.
Newport Beach Civic Center Project
GMP #3
February 22, 2011
Page 10
FUNDING AVAILABILITY:
On November 9, 2010, City Council approved the sale of Certificates of Participation (COPs)
generating $123 million for the Civic Center project. With the approval of the attached
budget amendments totaling $90,529,004, sufficient funds are available from the proceeds of
the 2010 COPS and the Facilities Financing Plan fund to fund the additional phases
described below:
Civic Center Construction Costs to be funded
Amount
GMP Phase #3
$82,374,384
PSA for Building Inspection & Construction Plan Review
$1,090,840.
GMP Phase # 3 Owner's contingency
$1,600,000
Subtotal GMP Phase # 3 with Building Inspection
$85,065,224
OCIP - Agreement with Old Republic
$1,651,091
OCIP - Maximum Loss Claims
$1,062,689
Subtotal OCIP Amendment
$2,713,780
Alternate # 1, Pedestrian Bridge over San Miguel
$2,000,000
Alternative # 2, Photovoltaic Panels on City Hall Office Building
$750,000
Subtotal Alternatives
$2,750,000
Grand Total (including Alternatives) _
$90,529,004
Submitted by:
Attachments: Amendment to CM @R contract with C.W. Driver,
PSA contract with Anderson -Penna including work scope, schedule and fee
Exhibits
Insurance Program Agreement with Old Republic General Insurance Corporation
Budget Amendments 11 BA -32, 34, 35 & 36
9/6
NB CIVIC CENTER PROJECT
Timeline/Status
Projected
Optimistic Case
I
Environmental Impact Report
Jan 2009 - Certified Nov. 2009
Costs
Costs
Desi n Competition 5 firms CeD $50,000 June - Dec 2008 1 $250,000 $250.000
Total Desion Comoetition Cost = S250.000 $250.000
ENVIRONMENTAL DOCUMENTATION
Environmental Impact Report
Jan 2009 - Certified Nov. 2009
$465,000
$465,000
Native American Monitoring
April 2010- Ongoing
$31,700
$31.700
Environmental Mitigation Monitoring
April 2010 -On oin
$125,000
$125.000
Total Environmental Costs = S621.700 5621.700
DESIGN
Pre- Design - Concept Refinement
Jan - April 2009
$647,675
$647,675
Schematic Design & Design Development, SD & DD
April 2009 -April 2010
$4,998,677
84,998,677
Construction Documents, CD
April 2010 - Nov 2010
$4,963,889
$4,963,889
Construction Support, CS
Nov 2010- Ongoing
$4,035,112
$3,752,654
Geotechnical Design
April 2009 - April 2010
$250,911
$250,911
Tntar Oacrnn cnctc = 514. aY6.264 514 6136Ox
PROJECT MANAGEMENT - Design Team
Project Management: Pre - Design
Jan -Apnl 2009
$233,660
$233,660
Project Management: SD & DO
April 2009 -April 2010
$647,018
$647,018
Project Management: CD
April 2010- Nov 2010
$1,729,450
$1,729,450
Project Management: CS
Nov 2010 - Ongoing
$576 48
$$536,129
Tntal Prn ant Mananamant Cnntn= 53.966.619 53.14x1]]
CONSTRUCTION
Basic Services !General conditions
April 2010- Dec 2012
$7,169,255
$7,169,255
Direct Expenses
April 2010 -Dec 2012
$1,492,062
$1,492,062
Construction Mngt Fee (profit & overhead) (325 %)
April 2010 -Dec 2012
$3,242,665
$3,242,665
GMP Phase 1 - Mass Excavation & Sharing Wall
April 2010 - March 2011
$6,620,410
$6,252,610
GMP Phase 2 - Design Assist/Build Parking Structure
Oct 2010 - Nov 2011
$7,057,636
$6,805,578
GMP Phase 3 - City Hall, Library Exp, and Parks
March 2011 -Dec 2012
$76,724,903
$76,997,037
Signing /Wayfinding
TBD - Likely Fall 2011
$400,000
$400,000
Additional Site Electrical - SCE
March 2011
$200,000
$200,000
,Remaining VE (Value Engineering)
TBD -Like) March/ ril 2011
$0
- $1300,000
inter construction unst t - a9r14- aex.a:t9 a9u9.zow.2e1
CONSTRUCTION SERVICES
Geotechnical Support
April 2010 -Dec 2012
$326,563
$303,704
LEED Commissioning
Dec 2010 -Dec 2012
$151,000
$151,000
Material TesdnglDepuly Inspection
Dec 2010 -Dec 2012
$865,498
$804,913
OCIP
Feb 2011 -Dec 2012
$3,008,780
$1,946,091
Building Permit Plan check
Oct 2010 - Dec 2010
$125,000
$118,250
Inspection and Construction Review Services
Feb 2011- Dec 2012
$1,090.840
$1,014,481
I Otal rr3t= az,uue,uuv ac,uuu,uuu
Total Cost "All In" = $131,429,187 $126227409
OWNERS CONTINGENCY - AllPhases $2,623000 $0
Civic Center Technology Grant In Hand 1 -$1,300,0001 -$1 300,000
Alternative Construction Items
Alt #1 -San Miguel Ped Overcrossing
TBD
$2,000,000
$0
Ali #2 - Photovoltaic Panels
TED
$750.000
$0
Notes:
1 -Assumes 75% GMP Contingency returned to the CBy
2 - Assumes 7%savings in time and materiel contracts
3. Savings of 57,062,689 if no claims
4 -About $2,900,000 in remaining VE under consideration
5 -Did not bond for FF &E
4.z"DV,000 au
Total Cost "All In" wiAlternates = $135,502,187 $124,927,409
21
21
41
21
2
3
z
z
Amount projected for COP Issuance - $123,000,000 5
Amount carried in FFP (estimated) - $127,000.000
Top End of Early Estimates (Nov 10, 2009) _ $139,2001000